SBJX NICE FIND jimmybob
from 10-Q
"Recently the Company has become engaged with Qubitrage LLC “Qubitrage” a Nevada based hedge fund to monetize the “FMS” (Forecast Market Software) technology. In exchange for the exclusive use of the FMS technology Qubitrage agreed to give all earned fees (2% annual management fee and 20% performance fee) to the Company. This agreement is designed to create a revenue stream to the Company in direct proportion to the success of the FMS technology in the markets and the funds under management."
"Despite the net losses of past years operations, the funds spent have resulted in a significant ownership and control of technology and infrastructure which the company expects to generate considerable earnings in the future. The FMS technology in managements view simply needed the proper marketing form to attract large instutional funds to mirror its trades. There is no further technology infrastructure investments necessary to grow the FMS business. FMS is out-performing the vast majority of main-stream investments, therefore, in management’s view it is simply a matter of time before substantial earnings will be made as a result."
America's in a state of renewal. We've gotta have the strength to
tie a few factories to a tree and bash 'em with a shovel.
