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rtaylor111

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rtaylor111

Re: hardtimes post# 107111

Monday, 07/14/2008 9:09:17 AM

Monday, July 14, 2008 9:09:17 AM

Post# of 143047
MONA seems to know its way around China, and is using that knowledge to seek out opportunities in this growth market.

As Seth Godin stated in his book "Purple Cow," remarkable companies "go to the edges." In this case, MONA is looking for growth opportunities in rural China. Based on their experience with Good Life and several smaller merger talks, I suspect the transiton to Innotrek will be much smoother than prior merge deals.

Innotrek appears to have cash flow of about $91 million per year, with about $11 million in profit forecasted for 2008.

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