ann out..termination of agreement with siyi, page-29

We have not done anything to tic them off. They have simply shot through like a bad tenant. Our laws of disclosure make us very transparent, and I fail to see anything that would cause a total collapse of the JV from our management. As for the offended theory, our intentions for a partnership have been a matter of public knowledge for months and have nothing to do what so every with China or the Asia market

The facts are clear SIYI have since Dec being pedantic little pricks, coming up with new excuses every month as to not go ahead with the trials even to the ridiculous lengths of issues with storage conditions which they have been aware since day one almost three years ago. When all else fails they have shown their true colors and recanted talking through lawyers only.

Now they have a Chinese patten on our product, and only want to talk through lawyers, it is not too much of a stretch to see what they may be doing. Don't be surprised to see a bun fight over our IP. And remember we are effectual out of cash and could not even mount a legal challenge even if we wanted to.

Yes SBN did know on black Friday that it was over they made it very clear in their wording. I said this several times that they were clearly laying the blame on SIYI through their ASX ann. So I am not the least bit surprised that it is formally terminated.

As for that SIYI website I will say it again the lights are on but no one is home. It was all hype and window dressing.


China is dead, long live the USA