I have a feeling that Repkon are just sitting it out - waiting...

I have a feeling that Repkon are just sitting it out - waiting to see if TTT make it, or just go broke.They should be up and running by now. Its probably 18 months overdue and TTT have been ready and waiting for 12 months. Repkon probably realise they shouldnt be giving away 30% profit when they can just buy and machine and take all the profit. I am very suspicious of it ever getting started. Partnerships are very bad things unless both parties cant do without each other. I doubt Repkon need TTT's expertise for more than 6 months.

Selling machines alone is not really a good business model. There has to be income from the product that is made. TTT couldnt make the machines fast enough, to make a lot of money. There overheads require a huge number of machines to be sold - they wont survive on selling machines.