00144...It may indeed get off the ground and catch on over in China, but my concern is that it can be done so without GOIG being involved at all. What if the Fu deal (and I've questioned the legitimacy of it from the get-go) is just some ploy by Fu, let alone the ploy by Ike imo, to string GOIG along and glean a few inside secrets/ideas and then go it alone in China without GOIG and the Go800 concept ?
Is that far fetched? China is the land of the knock-off, the pirated dvd/cd, pirated software, fake Gucci bags etc etc etc, not to mention jailbroken iPhones and other gadgets.
With no patent protection in China (and who knows how enforceable existing patents in China are anyway) GOIG might just be left out to dry.
Like I've said before, GOIG is an easy company/concept to understand and figure out from a financial perspective: Little to no revenue, one major product, etc. It would never have taken this long for anyone to have done the required DD for such a puny investment in a puny company. IMO, the Fu deal is a sham. I would say that in late Feb or Mar that Ike will state that Fu is still interested etc etc. Heck, pretty soon June 2011 will be here and we will wind up lapping ourselves on this Fu deal.
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