I think that you need to keep your shares. I think this could be at .01 if the dilution is small and the news is there. This was from the cybertel PR about Global Vision Telecom.
"Stated James Wheeler, CEO of CyberTel, “We are excited about this acquisition as we will be acquiring contracts that are based on new technology, engineered and managed by some of the most successful people in the business. This transaction would bring immediate revenue into CyberTel and give us a new direction which I believe could grow rapidly and allow us to play a major role in the billing and platform management services industry.” "
SO would that not mean if we are buying the company that MHUS would get those same contracts. Also says it would bring immediate revenue. Also This new billing platform could work into their plan to sell their cars. I think this can have a hell of a run. Lets face it they have some great things coming. I mean micro cars has recieved orders from the UN, Airforce and the Sudan in order for the distributor and the government of Sudan to evaluate the MicroCar MiniVan as a potential import vehicle to that country. Things are happening. I think one of the biggest things for MHUS is this. So things are happening.
"SAN DIEGO--(BUSINESS WIRE)--Sept. 14, 2006--Centrex, Inc. (PinkSheets:CTXI - News) today announced that MicroCars, Ltd., a Sri Lankan company, has signed a marketing agreement with Seylan Bank, one of the largest banks in Sri Lanka, to promote sales of MicroCars to new home buyers. Called the "Executive Super Loan Package," this promotion by Seylan Bank allows buyers to acquire a new home and a new car under the same mortgage. Seylan Bank estimates that they expect to receive as many as fifteen approved loan applications per month.
Established in 1995, MicroCars, Ltd. is the only automobile manufacturer in Sri Lanka, featuring a line that includes a sedan, a coupe, a minivan and a four wheel drive pickup truck. Created by Dr. Lawrence Perera, Chairman of MicroCars offers a cost effective system for assembling quality cars using local labor and available local materials.
Centrex recently signed an agreement to represent the MicroCars manufacturing system to other nations seeking to establish a locally run and operated car assembly company. The agreement with MicroCars also gives Centrex an option to acquire up to 40% interest in MicroCars. Executives of MicroCars and Centrex are meeting in Hong Kong the week of September 24, 2006 in order to finalize these aspects of their agreement.
Stated Jeffrey Flannery, CEO of Centrex, Inc., "This promotion demonstrates Seylan Bank's confidence in MicroCars as well as the Bank's recognition that the attractive, well-built MicroCar is an incentive to persuade new home buyers to action. Most importantly for Centrex, this promotion is a strong selling point in our efforts to market the MicroCars system to other countries - it is a proven way to promote and market a major item in any developing economy."
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