RE:RE:RE:RE:RE:RE:RE:MOU You're reading the news wrong.
- MENAco is an existing company in the UAE
- There is no mention of SNV insiders being part of MENAco
- MENAco is a "local" company as in located in UAE
- MENAco has the 5 year services contract, not SNV
thorgb1 wrote: I assume all SNV insiders are involved in MENAco......question is why was it spun out and why was the contract not awarded to Sonoro directly? Why isn't MENAco a local operating company, 100% or majority owned by Sonoro shareholders?