You do understand the company has been working in China for 2 years correct? The Chinese government is backing them. They signed a contract with the largest retailer in China. They have other contracts to announce. They attended the Chinese FHC trade show in November of '07 where they acquired more contracts. They have a deal with a major distributor in China. They have a 5 year exclusive deal with Iroquois water. 800k is peanuts. GL!
is it common for letters of intent to be considered as contracts as well?
i am not in business, but when it was first announced that they have $500M contract, someone with a business background could have raise some doubts regarding the validity of the contracts and alert people that it is possible that Aquagold could be publicizing their letters of intent.