TSXV:YDX.H - Post by User
Comment by
UFOmojoon Jan 26, 2017 5:56pm
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Post# 25761133
RE:Today's news...
RE:Today's news...LEOTHELION wrote: Not pumping, just thinking aloud. The MOU today, although nothing binding yet it in terms of revenue, doesnt just happen without both parties doing their homework. Now stop and think for a minute how/why would a Chinese state run media company know to trust YD to complete projects for them? Furthermore, how does YD even get into that meeting room? Im sure many of us have some inaccurate biases when it comes to doing business with China, but I would be surprised if they arent somewhat conservative with their decisions, especially when it comes to the media which we believe the government closely scrutinizes. Furthermore, if Big Brother is screening what the puppet Chinese states are doing, who is to say that other Chinese states wont also sign on with YD? I could be totally off in left field here. At the end of the day, China is a gigantic country, with some very bright minds and yet, they chose to employ YD to take them to the next level with AR/VR. Im going to stick around and watch YD unfold in 2017.
Well said. You raised a lot of eye openers there.. China is the tech capital of the world. They most certainly have their own AR/VR companies and yet chose to go with YDreams. Speaks massive volumes and like you mentioned, could open to the door to many other deals there. And ya, how the hell did they even get a bid in China??? Good question for investor relations. YD is going global!