Originally Posted by
podg
for a mind-reader, I thought the concept of coat-tailing would be easy to grasp. but no. lets keep it simple for you, petal.
hello world, we (CVT) sell our products by the container load to all corners of the globe, and now we have an omega-3 product we think is the equal of anything on the market. in fact, we put it in some of the products you have contracted to buy for the next few years. we think your customers will buy it as much as they but our honey products. coat-tailing.
Is that simple enough?? because omega-3 is both a finished product AND an ingredient. crazy.
I don't know if CVT knew they would loan $3m at this stage any more then you know, despite your mind-reading powers. the point is they did, and they seem entirely comfortable with the arrangement. unlike you. with respect, i'm prepared to take CVT's public view, rather than yours
Now, you have been clear ... SEA is doomed, won't last 12 months, 18 months at the ''outside''. I disagree. Name your stake. nice and simple. $100 ? $1000? ... over to you.