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Jski

07/05/07 10:16 AM

#87861 RE: clownsj #87858

Remeire putting up the capital to manufacture and distribute in Europe is their contribution!!!!!! Jeeeeeez!

In a business partnership costs are shared. Remeire should have to pony up some cash to get involved or they are just along for the ride without any risk.
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DD-214

07/05/07 10:22 AM

#87864 RE: clownsj #87858

correct, key word is "European"...
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Jski

07/05/07 10:30 AM

#87870 RE: clownsj #87858

Do you know how much in actual costs to the business this partnership saves ETIM?
Millions!
they don't have to pay for the manufacturing set-up
they don't have to pay employees
they don't have to set up an office
they don't have to travel very much
they don't have to get new contacts (distributors) in Europe
I could go on and on.
I don't think most shareholders can appreciate this deal unless they have owned a business, but believe me it is awesome!