InvestorsHub Logo
Followers 4
Posts 540
Boards Moderated 0
Alias Born 11/24/2009

Re: JayErock post# 21597

Wednesday, 07/07/2010 4:53:03 AM

Wednesday, July 07, 2010 4:53:03 AM

Post# of 78214
Sure Jay, everyone seems to forget that Sofame itself mentioned the JV.

So this is not something that comes from QEDN/Makmann alone :

John Gocek, Chief Operating Officer of Sofame, said, "The formation of the Joint Venture with QED is the first phase in our long term plans to establish Sofame as a major player in the engineering and manufacturing of high-efficiency direct-contact industrial hot water systems in the United States."

This is ok. Sofame will use QEDN to get a foot on the ground on the States. Good for us and for them. Win-win.