SSTY - SureTrace Security Corp (Bulls Board) Message Board

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Technology Stocks : SSTY - SureTrace Security Corp (Bulls Board)

SSTY 0.0001000

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Mar 7 3:00 PM EST

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To: oldno7 who wrote (709)	3/24/2006 4:38:28 PM
From: rrm_bcnu	of 958

Per the PR today The consideration for the common and Class A Preferred Stock was the grant to ONTV of a Master License from Sure Trace to conduct all marketing and administrative rights, duties, responsibilities and obligations presently held by Sure Trace and its subsidiaries (except for those granted/reserved to Sure Trace or other parties prior to closing), including the rights, duties, responsibilities and obligations for the Company's activities in China and the rest of the world. SSTY should be relisted since it is a governing corporation. The license is only granted until 2011 (5 years) so every five years the corporation will renegotiate the fees. Hard not to imagine what a company can do with $100M a year in profit when it comes to M&A. I'm not selling ;-) rrm

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