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Re: None

Wednesday, 03/06/2013 11:37:25 AM

Wednesday, March 06, 2013 11:37:25 AM

Post# of 56720

No doubt GOSY is in discussions with lots of wheelchair folks. Due to the ease of integration of GOSY's AI into wheelchairs, from a technical standpoint, that is a VERY short path!

As is always the case in sales, one has to be rejected, told "no" several times before the "yes" occurs.

Those that have not been in sales probably believe that if the product is perfect, then "order taking," with no sales presentation, is all that is needed.

Those that are impatient regarding GOSY being told "no" just don't accept that is normal in all pioneering sales work.

GOSY has performed for Imasen and is still waiting for Imasen to do something it seems.

GOSY has attempted to JV with a Chinese company only to learn that the Chinese do business much differently than in the US, or in Japan.

Eg. Minority Chinese government ownership in most Chinese firms is common.

That is highly unusual in the US.

GOSY is no doubt still in ongoing discussions with firms like Invacare, Pride, etc.

Due to the reality of the ongoing tortious interference by Wallace, et al, part of the damage to GOSY is not being able to publicize those discussions as often as would be preferred I am sure.

I do wonder whether Pride might be the most proximate US JV for GOSY due to their long US roots and extraordinary growth the last 10-15 years in a very competitive marketplace.

GOSY's tech will enable a wheelchair manufacturer a "world's first" commercially available SafePath wheelchair that would expand the market size 40-50% or more!

The market size increase is due to 40-50% of all those that want a power wheelchair being denied that freedom and level of independence due to the "spasticity" of the user preventing safe control by them.

GOSY's SafePath tech solves that problem very cost effectively.

Only a few hundred dollars at retail I expect-

That is a very huge event in those confined to wheelchairs!

I do think Pride has potential.

If GOSY is negotiating with them, you can bet it is under NDA, and no "leaks" will be occurring!

mo-
Mech