I do not have the skills to debate this issue from
Post# of 3601
Posted On: 08/11/2016 12:09:34 PM
I do not have the skills to debate this issue from the marketing point of view. But I am willing to express my opinion from a practical position.
George has an offer and only an offer. He should, in my opinion, not accept the first offer he gets from the Chinese. Here is where the expertise of his liaison to China, Mr. James Pang comes into play. George must have a provision in any deal allowing him to manufacture and market his own product in the USA. Any deal short of that IMO would put a damper on his dream and possibly be a big mistake.
This offer, any offer, has been a long time in coming and GC is surely anxious to get the ball rolling. But he has to remember who he is dealing with... CHINA. Where is the Donald when you need him?
No government or business making an offer of this magnitude would do so without expecting a counter offer. The Chinese must expect that. A counter offer from GC may take weeks to put in legal speak. If he is not careful in dealing with China, they will take the whole store. And I am sure they would do so if they had half a chance. Think about it. Acceptance of an offer granting China a worldwide exclusive license to manufacture, use and sell products powered with the Coates patented CSRV green engine generator system technology would be a big mistake IMO unless it contains a sunset clause.
Excluding all other parties is obviously not in George's business plan and would severely limit his dream. He must face that dalima and he must make the right call. Which is more profitable, selling a license fee or selling a product? George is at a crossroads. He must decide what he wants his company to be. And he is not getting any younger.
Good luck, George, and to all stockholders. I'm staying long.
George has an offer and only an offer. He should, in my opinion, not accept the first offer he gets from the Chinese. Here is where the expertise of his liaison to China, Mr. James Pang comes into play. George must have a provision in any deal allowing him to manufacture and market his own product in the USA. Any deal short of that IMO would put a damper on his dream and possibly be a big mistake.
This offer, any offer, has been a long time in coming and GC is surely anxious to get the ball rolling. But he has to remember who he is dealing with... CHINA. Where is the Donald when you need him?
No government or business making an offer of this magnitude would do so without expecting a counter offer. The Chinese must expect that. A counter offer from GC may take weeks to put in legal speak. If he is not careful in dealing with China, they will take the whole store. And I am sure they would do so if they had half a chance. Think about it. Acceptance of an offer granting China a worldwide exclusive license to manufacture, use and sell products powered with the Coates patented CSRV green engine generator system technology would be a big mistake IMO unless it contains a sunset clause.
Excluding all other parties is obviously not in George's business plan and would severely limit his dream. He must face that dalima and he must make the right call. Which is more profitable, selling a license fee or selling a product? George is at a crossroads. He must decide what he wants his company to be. And he is not getting any younger.
Good luck, George, and to all stockholders. I'm staying long.
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