Posted by: shinebox Date: Wednesday, July 09, 2008 8:58:04 PM In reply to: Traderfan who wrote msg# 53310 Post # of 53475 "Even the CEO told us that this JV is not about revenues in the first place."
You're absolutely wrong.
"That makes me a bit ignorant regarding this deal."
You absolutely correct.
Trader...I believe you didn't attend the shareholder meeting. The JV is not ONLY an "exposure" play. It's a fringe benefit Spooz will get from the JV. As a matter of fact I spoke to a member of Spooz management regarding the JV and he wasn't talking about it as an "exposure" play. He was talking about what it could mean to Spooz and it's shareholders...a possible TREMENDOUS revenue stream.
1. Did you attend the shareholders meeting?
2. Did you ever try to contact the company regarding this issue?
Please contact the company and you'll discover this for yourself.