Wednesday, August 25, 2010 11:07:13 AM
http://en.wikipedia.org/wiki/Dongfeng_Motor
http://www.dfmc.com.cn/index_en.aspx
http://market-mafia.googlegroups.com/attach/9f4b8713a8b7385d/Signature.jpg?gda=Tru3f0cAAACxEVHWfMCvQ41IQxpq77uqy-iAjlo65BJ6fKo16nzFTPRknoHn-p7uVIS547_w_ik3MCnZ3ExGKa1voVhs8LxdeV4duv6pDMGhhhZdjQlNAw&view=1&part=4
Read carefully the LOI.
It is interesting the language & commitment DF is bringing to bear. (DT to buy property, build plant, equip it,...)
Also note that the PR today does NOT include any forward-looking statement in it which usually is attached to the bottom of such "claims & statements"- especially when the communications & deal is uncertain.
http://ih.advfn.com/p.php?pid=nmona&article=44131402&symbol=NO^HLNT
Here, this is a technicality in my book at this point. As done a deal as there is. Everyone knows DF wants US Market Share. This is an aggressive, smart, & forward-thinking move. Shareholders will come out winner's here, many times over!!
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