Livechain Inc (LICH)

[kenco]

Regarding the latest PR, an investor from another board has done some DD on this announcement and here is their report...

"I have contacted CSN about this statement in the press release:

Additionally, with regard to this project, MediaMax Technology will provide project management, production and quality control services as well as management of manufacturing relationships to make this strategic partnership successful. The short-term goal is to distribute 60 million CDs in North America and a total of 600 million units world-wide over the next 3 years generating a royalty of 4 to 6 cents per unit depending on volume.

I pointed out that the goal of 600 million CDs at 4 to 6 cents is a lot for an organization that distributes information for free to be paying to copy protect free information. He was unaware of the 600 million CD at 4 to 6 cents claim and assumed that the projection was related to SunnComm's business with other clients.

When I pointed out that the statement came after the "with regard to this project" clause, he assume that it was a mistake, and should have been placed elsewhere."



http://ragingbull.lycos.com/mboard/boards.cgi?board=SCMI&read=14493