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Gold/Mining/Energy : Montello Resources

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To: JP who wrote (4020)1/28/2000 12:12:00 PM
From: JP  Read Replies (1) of 4256
 
Oops -I made that sound like MEO owns 15% of AVL.
The entire product line of AVLL is vended into and sold via net-locate. AVLL makes a profit off the manufacturing of the equipment -net-locate makes the profit off of the service side -or monthly payment side-of the product. This is where the real revenue is -sort of like my alarm system on my house -the equipment is almost given away and they make the money off the monthly monitoring charges. MEO will do well from this -and they still have three months to see how net-locate performs in the marketplace before they need to commit to the other 35%. JP
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