EXT 0.00% 0.9¢ excite technology services ltd

Ann: SafeShare Final Update, page-2

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    "Covata notes the successful completion of the sale of SafeShare by Covata
    to Cocoon/Cybr5 and satisfaction of the vendor loan.
    We are pleased to advise that the parties have now agreed to:

    a)act as mutual channel partners for our products both in Australia and overseas; and
    b)identify opportunities for direct sales.

    In relation to the latter,
    certain leads have arisen where potential customers are seeking a bundle of both our products as part of a complete data protection solution.

    The parties will collaborate on these sales opportunities."

    now we are getting customers who want to bundle these 2 products,
    but now these products happen to be owned by 2 separate companies, embedded yet not?
    Looks like once again TT gets to have his cake & eat it too?
    Cipherpoint SH's will have to share any revenue with his company
    for a product that he listed into public ownership & failed to capitilise on,
    to SH detriment, obviously not to TT's though.
    What a disgrace - imo.
    what do others here think about this?
    as long as revenue is coming in all well & good?

    Last edited by pac23: 28/11/19
 
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