Water Technologies International Inc (WTII)

[icurnonittwo]

seabiscuit, thanks again for your post, makes a lot of sence. I'll repost, hope you don't mind :)
(from seabiscuit) Comments : It now makes sense to why the negotiations are taking longer than we had hoped . China are tough negotiators
and I detect from Orlando's frustration in this press release that the Chinese company likely wants the Latitude operation moved to China where their +1,000 employees and 80,000 square metre facility could build the speedboats quickly . The Chinese company should want to keep a foothold in the U.S.A.
to access the connections already established by the Hernandez's and Latitude Industries , which would keep Latitude a public company .

China has vast amounts of disposable cash and the country is buying up as many companies , technologies , and natural resources as they can from around the world , so I do not think that the buyout dollar figure is the issue , but more an issue of where Latitude will be domiciled .

In a book that I have read by Clyde Prestowitz , called ' Three
Billion New Capitalists : The great shift of power to the East ' it shows how China and India are feverishly trying to catch up to the West . Three billion people are buying cars , trucks , ships , planes , and other machinery that need oil and gas , and those countries will pay ANY price to obtain those commodities , among many other technologies and natural resources of countries around the world .

China has one of the longest coastlines in the world , so having state of the art speedboats to patrol their coastline would be paramount to their own national security in this politically unstable world , and they have the cash to do so .

The buyout process with China may be worth more money to LTDI shareholders than a buyout from any other country .

As I see it .

Renee