InvestorsHub Logo

DMeeusen

04/08/15 11:39 AM

#106169 RE: specutator #106167

A joint venture would be more lucrative than a contract IMO. This of course would only work if they got the product down to Brazil, otherwise both are worthless. My company considered a joint venture, but it ended up making more sense to just restructure what we already had to include the two guys we wanted to pick up. The end result was the same, just more paperwork, and now the two we picked up have some skin in the game.

Matthew Berg

04/08/15 11:45 AM

#106170 RE: specutator #106167

The point is you are taking it so literally and providing a rationalization and excuse for MRIB based on format of the arrangement.. A $100 million deal is a $100 million deal, no? Who cares how it comes about or what it's called as long as the goal and result is the same. Either way it's zero on those results so I guess it is a moot point. And while we're at it how does it being a joint venture change things given assignment of the existing agreement other than possibly devaluing the deal? What's the significance as it relates to the $100 million?