SBN 0.00% 0.0¢ sun biomedical limited

Hi BB,From your comments below, you would appear to be...

  1. 1,017 Posts.
    Hi BB,

    From your comments below, you would appear to be suggesting that SBN will have somewhat of a tougher time re processs in China as compared to Mexico.

    "And if you think there may be problems in Mexico regarding corruption with competing businesses, it will be a walk in thye (sic) park compared to what you can expect in China"

    A few simple observations for you to consider-:

    1. The process in China is based on a formal JV with a company that has been specially set up via a Govt ownership structure to nationalise a program of random drug testing in a myriad of areas including but not restricted to the workplace,schools and entertainment venues.

    2. Once finalised, Oraline will be the only tester device used in the nationalised program. Govt authorities in provinces throughout China once the program has been mandated will not have a choice as to whether they wish to use the program or not. It will constitute a central directive and therefore it will be implemented throughout China sa part of a larger strategy to rid the country of drugs etc.

    This makes vastly different to Mexico. I am not suggesting that some sort of high end corruption does not also exist in China, quite the contrary but it would, at the very least, be seen as "autonomous and ordered" in respect of the nationalised embrace of central Govt.

    cheers

 
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