re partnership hs/mooter

I want every1 to read this carefully from the Heads of Aggrement announcementit really explains what HS/mooter will deliver..

In the middle of the page if u read what Mr Jermyn says to me the mutual means 50/50 percent


Independent Mooter Director, Mr. Nicholas Stavropoulos, said:



Hot Shot Medias innovative products have the ability to tap into the unrealised
potential of these photos and the content and excitement within them. This has
the scope to deliver a rich, immersive and rewarding user-experience that can
harness rather than compete with the broad, multicultural user bases of the
worlds largest photo management and social networking sites.
Most significantly, the way I understand the HotShot concept will operate, they
are essentially flipping the current economic model, used by most of their
contemporaries, on its head. Most online business in this space, particularly those
in the social networking arena, start gaining material revenue and certainly
positive revenue only after a very significant lead time; and that revenue
primarily comes from advertising. Not so in the case of the HotShot model. It is
forecast to generate revenue from commencement and its financial success is not
dependent, at all, on advertising income.
I truly feel that the Mooter ~ HotShot partnership is capable of delivering an
entertainment experience and destination site that has the potential to rival the
webs largest in terms of scale, scope and revenue growth.



Commenting further on the Partnership and the Agreement, Mr. Jermyn said:


I see the partnership as a mutually benefial alliance.




HotShot clearly brings an extraordinarily exciting project to Mooter, together with
the opportunity for it to share in massive revenue potential and dynamic growth,
while Mooter, in turn, brings to the partnership:
q a public forum for investor interest;
q a trading bourse for investment;
q an increased financial press and IT media coverage;
q an increased promotional exposure and
q a higher credibility acceptance, because of the transparency and
reporting disclosures required of listed, public companies.
Although HotShot intends to form a number of significant economic alliances with
major international corporations in order to fully realize the massive upside of this
immensely popular form of active entertainment, there will be no other partnership
of a similar nature to that to be encompassed in the Mooter Sales and Marketing
Partnership.
Mooters revenue potential through the Sales and Marketing Partnership could
be immense. The arrangement affords them significant influence over the sales,
marketing and deployment of HotShots photo networking platform and its gaming
and entertainment concepts.
HotShot is also well advanced in the final selection of its commercial sponsoring
partners. Those partners identified are iconic in name, global in reach and lend
additional recognition, strength and acceptance to and of the product. Mooter will
participate in all of these activities, arrangements and financial benefits.

Good luck next week it will be huge...