Sure Trace (SSTY)

[johncee]

In the same press release, Mr. Cimino said "this is a promising deal for the shareholders of Sure Trace. We have formed a joint venture with a major gatekeeper for the Chinese government, for the introduction of the types of technologies that we provide. In effect, the door to China is wide open to us. While others may still be just knocking at the door, the Chinese government itself, through Suneray, has already invited us in. That gives us a strong competitive advantage especially given that we have successfully completed the demonstration stage of the process."

" We have formed a joint venture with a major gatekeeper for the Chinese government" For the Chinese government means to me that Suneray is part owned and controlled by the Chinese government. Remember China is a communist country and unlike the U.S. can and do own for profit businesses.

What are your thoughts?