CC on August 12, 2004
Q. Just as a follow up question, on the Chinese opportunities what inroads… the Chinese are famously slow in their deliberations and you’ve got to get to all the right people and so I’m curious, do you feel that you have the ear of the right person or the right people?
A. Anthony J. Cataldo, Executive Chairman of the Board of Directors
"Richard and I are very involved on this; the deal side of what’s going on in China. The Marr Group, who is a significant investor in the company, and also participates with us in the Chinese joint venture, has been very instrumental in putting us in front of absolutely the right people. It should be no surprise to you that our partnership with Tiantan is a 70% owned state operated manufacturing facility, and that is an important step in China, in the way you do business. We’ve been very, very careful in choosing the right types of people to work with; and you know; in preparing ourselves for the worlds largest market, there’s 1.3 billion people there, and we’ve done, I think a really good job. There’s obviously a lot of things we can’t go into right now, nor will we, but we’re very comfortable with what’s going on; not only in China but Africa, (he said a word that I (sower) couldn’t make out on the cc) Russia and India. The U.S. market; we’re not forgetting about it; but it’s actually a small market by comparison to those other markets. So I think we’re well positioned; you know, I think the, um, company progress through the information that we disseminate to the market will answer all of those questions in the near and mid and long term cycles".
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