InvestorsHub Logo
Followers 29
Posts 1550
Boards Moderated 0
Alias Born 05/25/2007

Re: rocketeer357 post# 45306

Wednesday, 05/06/2009 1:35:18 AM

Wednesday, May 06, 2009 1:35:18 AM

Post# of 165854
Good points all, Rocketeer, but if you have ever negotiated with the Chinese on a major contract you will know that there will be an inordinate number of concessions that will be required to get the deal done. They have a way of dragging things out to wear you down. In addition, a signed contract is no guarantee that the terms of the contract will be met or that negotiations won't be reopened. It's a whole different style of doing business. Working a deal with these folks can be a huge resource drain on a small company that results in loss of focus and loss of valuable time that might otherwise be put toward executing the company's business plan. I'm sure none of this is news to our experienced SRSR executive staff. It will be interesting to watch all of this unfold.