quarterly, page-9

I am sorry to hear you are losing money Wegian, however
that being the case is it not counter-productive to talk down the stock.
For sure express your frustration with the lack of progress by CM on an MOU.

But if you focus on the positives
In the past 2 years

SMA have forged ahead under the understanding
- They have respected Ghanxi and got the ex-ambassador to represent
- They have implemented the payment gateway (a big hurdle}
- They have launched a fully loaded and functioning website
(which is a model for the CM requirement)
- They have formed an alliance with Zhenya group who more or less invented
model for making money from text services and add-ons to mobile
- They have developed a 3rd party API for collecting revenue from phone
services
- They are very close to implementing lottery on mobile

If not before, then once they start selling lottery through their platform,
I think it will clinch the CM deal. CM will want that service for their customers.

Look at your investment as being like a tennis ball compressing at the nadir of it's trajectory as gravity pulls it to the ground, the material absorbing the kinetic energy, the ground pushing back, until momentum and elasticity win out, the ball flies up into the air with equal and opposite force.

And I don't know why you keep referring to the site as tacky, what do you expect an app/ringtone site to look like? This is what the market expects.
Zhenya group made their big bucks selling Astrology text services, weather updates and the like. It's all low value discretionary spend items.
Lottery tickets, wallpapers. quantity not quality.