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alien42

11/08/16 12:26 AM

#28731 RE: Jeep_Guy #28730

that's one factor, without a doubt...

"If we are unsuccessful in obtaining regulatory mandates or cooperation from local governments for the use of the Moto-Meter, that could have a material effect on our ability and timing of penetrating such local markets.

Although we are currently collaborating with the Bangkok (Thailand) Governor’s office and we are in discussions with the office of the mayor of Montes Claros, Brazil and plan to enter into discussions with other local governments regarding a regulatory mandate for the use of the Moto-Meter within such areas, we may be unsuccessful in obtaining the cooperation of such local governments in requiring the use of the Moto-Meter. If our efforts at obtaining a regulatory mandate are unsuccessful, we will have to market the Moto-Meter in an unregulated environment and it may be more difficult to achieve expeditious market penetration which may result in higher marketing and distribution costs to us and delays in realizing material sales."
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JoeLahr

11/08/16 9:04 AM

#28733 RE: Jeep_Guy #28730

Yeah we read it. There's always a reason, and a reason why. Drugs.
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Truth022809

11/08/16 10:06 AM

#28736 RE: Jeep_Guy #28730

Very correct, Jeep. I am pretty sure is stated that in a post 2-3 years ago either on here or Yahoo. That's why all of their fluff PR's always sound like BS because they aren't going to be able to sell anything significant until that happens.