yes last time you trying to buy in and you couldnt it went north not south and that was over 3 weeks ago ..i dont forget you im watching your next move as im one step ahead did you read news on the 18th posted 18 November 2011
Updates in Brief
Middle-East
As was reported earlier, the bus selection for the program was determined to be the Mercedes Benz O 457. As we have discovered, this model represents the majority of the buses in use by the operator. This great news as much design work has gone into configuration. We are pleased to report, that upon successful integration and 3rd party verification, the Agent has confirmed the opening order to be several thousand units. As such, we are in high gear and very hands on with our fabricators to get it right. The Agent seeks to return next month.
Manufacturing
Also as was reported, ITE Pacific has brought on some new engineers to specifically help with design and fabrication. This is really progressing well as we are now discussing licensing opportunities for various products within China via ITE. Its early in the process, but we are anxious to see this kind of business develop, as well as straight manufacturing of our products for sale within the Asia-Pacific region, particularly in light of recent developments in Australia and their adoption of a carbon tax to be implemented next July.
And finally, the “other” Chinese manufacturing company with whom we are working has made indication that they would like to aid in the financing of the middle east project as well as being a potential funding source for US trucks within the E1 Leasing portfolio. This is encouraging as sourcing financing through vendors is a win for both sides.
