Once again we get to the real dichotomy of following this stock. The businesses themselves seem to be ready to launch and take off but the financing involved and the capital structure blows. Such is life in S3 land.
Ok guys, I feel much better now. I went on my bi-monthly rant. GLTA
oilman, FWIW, YaSheng gets 49% of SINO's net profit after all expenses have been deducted from the SINO revenue. The 51/49 net income sharing ends sometime in 2008. S3 Investments also has expenses. SINO and/or Redwood's net income may not be enough to cover S3's expenses. Lets keep it honest.
You said: "If you get 51% of the revenues but pay 100% of the expenses is that really a good deal?"
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