SOM 0.00% 36.0¢ somnomed limited

Doctor4, My understanding is that SOM are appointing licensing...

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    Doctor4, My understanding is that SOM are appointing licensing partners. This is quit a clever business plan.
    Orhtosleep Germany will be the central distribution point and License agreements will be put in place with countries throughout Europe,USA and im sure Asia/India.
    These agrrements take time and i would expect to see some progress probably late 2007 early 2008. (GO LONG, i would say)
    Under a licensing agreement the cost of marketing would normally be shared, with SOM initially contributing at startup and then the Licensee to promote going forward(i would assume the same in this industry)
    In summary i would not expect any magic, but once they
    have signatures, the SP should shoot for the moon. (IMO)
    I agree, it would be a good idea to call the company at see how they are progressing. I will try and call also..
    I hold and will look at them end of year.

    Cheers,

    TD





 
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