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FoolishMoney

08/01/17 2:33 PM

#57595 RE: QuidWilson #57594

China accepts US FDA approval. We won't have to "run the Chinese gauntlet " once approved here. It would seem unlikely to try approval there before here. Long tai is a share holder, but not a distributor. Hargrove then McNally abandoned the deal because the Chinese wanted 6 prototypes up front and wanted to build Asian sports in their manufacturing affiliate. We would have had no quality control and reverse engineering with production of their own "Chinese Sport" was a real concern. We had already signed with plexus who has Asian production facilities. This was a personal communication with executives at the 2016 AGM

TheMint

08/01/17 3:31 PM

#57599 RE: QuidWilson #57594

Its clearly stated Asian mkts will be after US & Euro