Ousia,
It would appear that TPID sold their rights to the AQSIQ gas tank project on the 17 November 2008.
“As previously reported in Form 8-K filed on November 17, 2008, on November 3, 2008, the Company entered into an Asset Sale Agreement (the “Asset Agreement”) which contemplated the sale and transfer to Saddington Limited of all or substantially all of the assets of the Company, including:
The Company’s interest in the contract with the State General Administration for Quality Supervision, Inspection and Quarantine of the People's Republic of China (“AQSIQ”) for implementation of a program of authentication and tracking of propane gas tanks in the People’s Republic of China (the “AQSIQ Chinese National Gas Tank Contract”. The AQSIQ Chinese National Gas Tank Contract is described in, among other filings, the Company’s Forms 10-Q filed November 14, 2007, February 14, 2008, and May 20, 2008 and Form 10-K/A filed October 15, 2008.
Thanks to youngie...
Your previous posts have referred to TPID owning 70% of the AQSIQ gas tank project based on a January 2008 filing.
Does this November 8K change your position?
PA
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Ousia, It would appear that TPID sold their rights to the AQSIQ...
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