A MOU is signed usually after a demonstration of the technology has been done, which satisfies the potential client that the company technology is capable of delivering the goods. In DGIV case, it appears that we have many MOUs.
Once an MOU is done, DGIV would then send its representative to the particular country and serious negotiations over rates/pricing structures/ percentage shares,etc..will be done.These negotiations may involve many entities in the foreign country (from the foreign telcos, from different ministries of the government,etc..). Therefore, it can take a while (imagine what happens if one of the "important" people involved in the negotiations has an emergency which takes him/her away from the negotiating table-many times it means the whole negotiating process has to wait. So, the more people involved, the longer it usually takes).
Once verbal approvals have been given over the terms,etc.., it has to be written down on paper, in English as well as in the native language. Lawyers will be involved to make sure nothing is changed in the translation, which takes more time (you know how lawyers are with specific languages <ggg>).
Only after EVERYONE is satisfied can the contract be signed/sealed and delivered.Only then can the contract be announceable.
Anyway, the above is the way I understand the process, with obviously smaller details (which also takes time) to be filled in.
As far as DGIV is concerned, we know it has many MOUs and negotiations are being actively carried out toward contracts.
The thing to keep in mind is this: just because contracts have not been announced does not mean no progress has been made. As you can see, many steps have to be completed before final contract is signed. Just because nothing is publicly known does not mean nothing is being accomplished! of course, that is what the naysayers/shorters would like you to believe. |
