I have a mate employed with a Temasek funded offshoot. Its...

I have a mate employed with a Temasek funded offshoot. Its almost like a legal Spectre organisation in Singapore, tentacles in so much there and the SE Asian business sphere. Once on board, you are almost assured success, but similarly have to meet and maintain certain standards. They would not have been given the MOU if they had not passed muster so to speak.

To be clear, as I have said many times, this management IMO has been appallingly lax in its capital management. Like an E- on a heavily red inked scorecard. But they have extensive geographical sales structures in place (too expansive and expensive in the past vs the revenue) and the products are quality. Now they have to get the business contracts rolling and the two should have been done sequentially, not staggered. This MOU on a JV hopefully the beginning of that second stage.

GLTAH and the company in securing a capital investment or some very rapid revenue growth.