RE:RE:CEO UPDATE has ARRIVEDLooks like Howie doesn't like Tinyi or Huaxi anymore and has stepped back to actively seek other partners (again). They still like us and want to be part of our bubble but Howie says they are not good enough. We have no one to present 1067 to CFDA, but Howie is looking for a partner do it. Howie is always seeking partners it seems, and like Obaji and numerous others Letters of Intent announcements in the past, these agreements dissolve after we dilute. Resources and time wasted and back to the partnership drawing board again. All this talk about manufacturing in China etc is likely the same.
When things do seem like they are on more solid ground like Wanbang, RF, or the pet shop boys, everyone has to wait forever and then dilute.