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Tuesday, December 14, 2010 11:52:39 AM
HLNT announced THREE joint ventures with Dong Feng, a multi-billion dollar company.
http://www.marketwire.com/press-release/Highline-Technical-Innovations-Inc-Announces-Letter-of-Intent-With-Dong-Feng-Motors-1309425.htm
Some here tried to say the ventures with Dong Feng won't happen, it's only a LOI, blah, blah, blah. Well, we completed the first one.
http://www.marketwire.com/press-release/Highline-Technical-Innovations-Inc-Announces-Joint-Venture-With-Dong-Feng-Motors-1322901.htm
There's no doubt in my mind we'll complete the 2nd and 3rd JV, otherwise we wouldn't have HLNT representatives going back and forth to China so many times. These deals with Dong Feng are real. Do you think a large company like Dong Feng will allow their name to be tarnished if HLNT isn't the real deal? The deals announced with Dong Feng aren't small things like being a supplier or something like that that; they are JOINT ventures. Dong Feng does JOINT VENTURES with the likes of Nissan, etc!
Another thing to consider is HLNT isn't throwing out Dong Feng's name just to pump the stock. Take a look at the recently popular stock S**I. They announced a buy out, and the following business day the company they said that issued the buy out offer said they had nothing to do with S**I. The same day, the issued a SECOND buy out offer. The same thing happened the next day, the company who supposedly wanted to buy S**I issued a PR saying they have nothing to do with S**I.
HLNT has used Dong Feng's name for a few months now about the JV. If the deals aren't real, Dong Feng would have issued something about that a long time ago.
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