Mide, since you got into the "minds" of the Peraltas family before:
"Despite all the slice and dice on the Uli contract announced today by others, this was, psychologically for me, a KEY up piece of the puzzle, at least regarding the Hotzone division. As an aside, at $500K a year as a consultant, I can only wonder what he got paid as an employee. Bringing him back in the fold was ‘brilliant’ by the K-boys strategically. I have to believe the Peraltas are thrilled as well. They nailed down a sound OEM for our “wholly-owned” Hotzone technology, off-loaded that in-house burden and all those associated personnel and Naples associated costs, and struck a going forward incentive deal with him to get off the dime, hire his own sales force and hump for new Hotzone contracts! Parallel that next to the ‘reorganization’ announcement of GTE Europe and I read this as Germany is not dead, but squarely back in the hands of Uli to get the “right crew” on the hunt to get ‘er done. And he now has an incentive to do it. Win-win."
Could you please give an update on their current mindset? When can shareholders expect GTEM.PK's interest in the J.V. to start yielding cash flow???
TIA
