joint venture

i have a dog - and it is lumacom. they have however just announced a joint venture, which might show some promise. most joint vnetures, should be treated with caution, but in this case, it seems that the joint vneture partner, has placed a substantial order, and the company expects the share of revenue to be close to $1m per annum. early days, but it could be the start of something. i have shares and options, and i may well take the chance to sell my options - on which i might take a small loss