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Re: tommy 9 fingers post# 1235

Tuesday, 06/21/2011 12:45:38 PM

Tuesday, June 21, 2011 12:45:38 PM

Post# of 2281
The financial health of a company is critical for long term contracts.

We must qualify in order to build for Chase, Panda, Hardee's, and the like, and that's a short term deal for a few hundred thousand.

In the case with Chang, VGE will/would continue IF a default by VSPC happened. I do believe Chang would be less likely to default if a deal with DP was signed even if Carl couldn't make the payment........If I were Chang, I would just take VGREF shares and protect the integrity of stock.

I just don't think VGE will secure a deal with a license with NO TERMS........the filings assumes the term is 20 years, and almost 3 years are gone.

How can you guarantee a 20 year deal?...........in fact how can you guarantee a 10 year deal if your license agreement has NO specified terms?

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