![]() |
|
||||||||
![]() |
|
06 /17/ 2009 Q&A SESSION WITH PRESIDENT ON LATEST DEVELOPMENTS IN THE COMPANY
Q1. The Company has
on April 23, 2009 announced that it has paid V-Mobile Communications Pty
Ltd, (“VMC”) for the VMC is in the process of applying for conversion from a private to a public company. The Company expects to receive approval sometime in Q3 2009. Once approval is received, VMC will file an application for listing on the Australian Stock Exchange. Approval for listing is expected between four to six months from date of submission.
Q2. The Company has
previously announced that it is working with several parties to expand
its business in China. Has the I am pleased to inform that SDGL has secured approximately $8.3 million in new contracts in China between January and May 2009 for logistics management and vehicle tracking. The contracts will commence during Q3 2009. The contracts, secured in the face of strong competition under economic challenging conditions, is a recognition of the Company’s good track record in fulfilling its past contracts in China. We are confident of securing additional contracts during June and July 2009.
Copyright © 2000 Secured Digital Applications, Inc. All Rights Reserved. |
||||