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Re: expediter13 post# 16363

Sunday, 11/18/2012 10:52:08 PM

Sunday, November 18, 2012 10:52:08 PM

Post# of 20441
Maybe it is the same contract. In the Ants pr the contract is valued at 7 million, the Galtech has it at 5.7. Both say it's from a private firm. One says on behalf of a Fortune 500, the other, a Fortune 100. That may not be incompatible. I don't know. Ants describes the contract as for architectural and programming support whereas Galtech describes it as an advanced architectural, advanced technology contract. Kinda vague. The Ants pr does put them as subcontractor to the prime contractor.

Well if Franks 2 private ventures were involved with Ants Texas, soon to be a part of...,,hmmmm, what will the name be?, I believe they were involved from a licensing standpoint, not from an ownership point of view. From the Galtech pr.

"The potential additions to the contract involve several other Galtech IP products and licensing recently acquired. Galtech is also in preliminary negotiations with several successful and profitable privately held companies regarding acquisition as part of Galtech's business strategy."

At the moment my best guess is both sentences are talking about the same companies, RDI and ACSI. Just about anything that came from Ants Texas has to be related to his two companies. I believe Frank is attempting to build something formidable here, and how it involves our Ants remains to be seen. If I'm right about the 2 companies being looked at from an acquisition standpoint, and if that succeeds, Franks percentage of ownership in that entity will increase beyond the 52% figure.

I know it says potential additions, which begs the question of what the meat of the contract is. If you're right and our Ants is involved then it could be that we are the meat. Food for thought.

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