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Wednesday, November 16, 2011 2:34:31 PM
Dear Mr. ,
I must say that I had some difficulty with your lengthy email. The company has decided not to issue a press release at this point, until there is something more definitive to report, which is consistent with its conduct over the past many months.
Also, I cannot comment on the various scenarios that you have addressed.
As DVTel is not a publicly traded company, and a formal agreement has not yet been reached, SDSS is not yet able to disclose the revenues and relevant financial information of DVTel. It is hard to fully evaluate the terms stated in the LOI when you can only research the financial data reported by one party (SDSS) to the potential agreement.
A look at the DVTel website (http://www.dvtel.com) will quickly reveal that this company's IP-based solutions fit in extremely well with the Cogito product line.
DVTel has very strong marketing channels, with its products being implemented on four continents. DVTel has a well-respected product line, has been in business for many years, and possesses a solid and highly professional management team.
The LOI with DVTel signals that SDSS is moving to achieve its business plan, to increase the distribution channels for its proprietary counter terrorism and crime fighting technology.
We are hopeful that if and when a formal agreement is signed, that our stockholders will be fully supportive of this potential merger. Management believes that partnering with DVTel can open up numerous opportunities for SDSS in the near-term and long-term future.
Sincerely,
Alex
On Tue, Nov 1, 2011 at 10:48 PM, Alex Traiman <alext@sdss-corp.com> wrote:
Dear Mr. ,
Thank you for your note. I will not be able to relate to all of your questions and scenarios due to the fact that DVTel is not a public company, and that the LOI is not yet a signed agreement. I am hopeful the company will publish a press release on the LOI with an indication of their optimism in the coming days.
Sincerely,
Alex
Don`t worry ! IT is fantastic :
http://ipvideomarket.info/updates/1092
In a surprising and aggressive move, IP video surveillance manufacturer DVTel is planning a reverse IPO through a merger with an existing penny stock company. In this note, we examine the plans, the details and the potential implications of this move. UPDATE: Feedback from DVTel's CEO included at the end of the note.
Sorry, i was really wrong.
My contacts give me some information about the merger,too.
Now, i think like you, and I also believe that Sdss shareprice increase very fast into dollars after they have published the contract/ merger details.
DvTel is a market leader in the development and delivery of intelligent security solutions. And Sdss is a great product.
So, sorry for my posts and i will never write negative about Sdss and in the future Dvtel !
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