Ann: Significant Strategic Partnership with Blue Tech-IWG.AX, page-24

Sigh. This cr@p again...

Look, you are perfectly capable of doing your own research. The Global Security Challenge appears to be defunct, but iWebGate's winning of one of its categories in 2010 is well documented on the internet, as is the prize and TSWG's sponsorship of it. Go and read it.

The press release document clearly states that the deal signed is a revenue sharing one. The document does not say that Blue Tech are licencing the product "at cost," and nor did I, but it does say that Blue Tech get their share as a fixed percentage. The Free Dictionary describes the phrase "cream off" to mean "remove from the surface". That sounds descriptive of the deal.

The press release says "Under the partnership, Blue Tech’s sales force will exclusively sell iWebGate’s leading platform products to Blue Tech’s existing client base of US Government agencies..." In fact, it uses the words "exclusive" or "exclusively" 4 times in relation to the agreement. You know what the word "exclusive" means, I presume? My interpretation of the information presented seems fair and reasonable

If you want to debate IWG as a company or investment I am fine with that. But your demands that I justify everything I write are getting very tedious and I will not be doing it any more. If you do not like what I say, do your own research and raise counter arguments. That is how debate works.