Capital Alliance Group - CPT (CDNX) Message Board

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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX)

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To: AriKirA who wrote (353)	4/21/2000 2:42:00 PM
From: AriKirA	of 960

These guys are DD machines... CC answers a question brought forward by KenBucks on the Stockhouse thread: stockhouse.com On the SI thread John Powell posted a link : www.chinaonline.com/issues/internet_policy/currentnew... relating to technical requirements for on line brokerages in China. I have concerns about articles 6 and 26 of that document. Esp. # 26 which states that companies other than securities companies cannot engage in the online commission business either overtly or disguised. Securities companies must not engage or co-operate with any second party to transact online commission business. Sorry I couldn't copy Johns post to here..I'm not that savvy. Any thoughts on this anyone? Am I reading this wrong? Good luck all...Ken CC's answer stockhouse.com >>I have concerns about articles 6 and 26 of that document. Esp. # 26 which states that companies other than securities companies cannot engage in the online commission business either overtly or disguised. Securities companies must not engage or co-operate with any second party to transact online commission business. << Remember when Keith and I talked about our interview with Mr. Chu when we visited the Capital Alliance office in Vancouver? One of the things that we said about that interview was that whenever we felt that we would turn over a boulder and find worms, we found flowers instead. I know, I know it was a pretty lame analogy, but it was appropriate. We did ask him about how his business model would work in some of the more restrictive and rigidly controlled countries around the world (whether through Government or Cultural reasons). He told us that their model also includes the ability for groups within these countries to license the technology, and pay them a fee for this license. This way, the government rules are not compromised, and SEG will receive payment for their software and assistance, etc.. This is no different than any other franchise agreement that any other N.American company operating in China (or other countries) might have. Suffice to say, that any franchise agreement negoitated would not be structured to violate the intent of that country's rules and regulations. What is also interesting in this regard is that this model will allow SEG to expand rapidly to other markets around the world. I tend to get excited when I think of how fast the major firms have expanded by using the franchising model. I have to say that this is just another example of why Keith and I have been so bullish on this company and its management. Crazy Canuck

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