This Q&A is now posted on suretrace.com
Also, video updates are now available for download.
old no. 7
05 - 11 - 05
SURE TRACE SHAREHOLDER'S QUESTIONS AND ANSWERS
QUESTION: Do you have a plan to guard against the large amount of shorting that is soon to happen?
ANSWER: We have not worked this hard to see our company be undervalued. The team and myself make our rewards by the value of the company.
QUESTION: What is the current status of the marketing, lab and manufacturing capabilities at Joint Venture facilities?
ANSWER: The joint venture facilities are up and running, and will be ready to deliver in January. We are building out a further three labs, which will be completed in late January to cope with the demand.
QUESTION: Are the Joint Venture and the China Olympic Organization in the process of signing a sales agreement?
ANSWER: This information is confidential, but we are pursuing every avenue to further our business.
QUESTION: Excluding the Brand 315 deal, what is the potential business within China?
ANSWER: The business potential is in the multi-billions of dollars.
QUESTION: Are there any plans for a reverse split and getting re-listed?
ANSWER: We are actively working towards a re-listing on the right boards.
QUESTION: Does SSTY get 100% of the revenues of deals in the US/Europe or are those revenues also split up by the Joint Venture?
ANSWER: SSTY gets 100% of the revenues. It is likely we will license our products on a vertical basis within the US and Europe.
QUESTION: Will there be a move from the Grey Sheets, and if so, when?
ANSWER: The company is co-operating with the SEC, and as soon as the investigation has been concluded, the company will be ready to move boards. The company is working on having everything ready, so that on a successful outcome of the SEC investigation, we can move legally and as quickly as possible to the right boards.
QUESTION:When do you anticipate additional sales from China to come in?
ANSWER: We have ongoing sales, with a sales team of 25, which will soon be expanded to 50.
QUESTION: How is the pilot project with Brand 315 going?
ANSWER: We are on target and there we will release a further update on events with Brand 315 in the near future.
Thank you for all your questions, and we hope we have answered them to your satisfaction. Obviously we have many similar questions sent to us, so we try and combine these questions together to make it easier for you to view the answers. If you do not see your question here, it is likely it was answered in the video update. If you have any more questions send them into info@suretrace.com and we will answer them soon.
// Chairman Mr. Jim Mackay |
