Watchit Technologies, Inc.(fka WTCT)

[mecah]

I was reviewing some information about WTCT last night and I ran across an earlier PR from December 2010. I had completely forgotten about it. Here it is.

http://finance.yahoo.com/news/Preliminary-Test-Results-iw-2898635788.html?x=0&.v=1

I was then looking at the most recent quarterly report and this is what piqued my interest. This is a section from Item 4

As many people will say,when one door closes another door opens. As the first quarter came to an end,we began conversations with an investment / manufacturing concern in Chicago. The company"s parent is located in China. We have demonstrated the "Fuel Reformer" with their management and engineers. We have agreed to a test plan and agreed to the manufacturing of additional proto-type Fuel Reformers. As of this date, no formal agreement has been signed but we expect all to be formalized over the next few weeks. When it is signed,we will file appropriate notices so the investor community is kept informed.

What I am wondering is if the manufacturer in Chicago, the Chinese parent company, the financing and that earlier PR are tied together. Chinese market is rather large to say the least. Just some food for thought.