Tuesday, September 23, 2008 10:04:57 AM
In other Company news, discussions are moving forward with the Italian manufacturer of specialty beverage machines. Vaiser noted that "We are progressing forward rather well, in view that there are USA, Canadian and Italian laws to comply with on issues such as taxes, mergers and logistics to name a few. The management is hopeful to have this major transaction completed in this last quarter. Importantly, there are also a number of key product developments and new product concepts coming on stream from this same company that we also have to take into account which needless to say, we are quite excited about."
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