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Message: 14 business days.

14 business days.

posted on May 19, 2008 08:43AM

On Thursday March 6th, 2008 - Active Control realeased the following:

Active Control Technology Inc. (TSX-V:ACT) announced today that it has signed a memorandum of understanding (‘MOU’) with a major coal mining group in China, establishing a beach-head for entry into the country’s coal mining communications and tracking equipment market. Active Control estimates the mine communications and tracking market at $3 billion in China.

Under the MOU, Active Control will form an exclusive joint venture partnership with the Chinese group to market and sell ActiveMineTM, the company’s two-way wireless voice communications, tracking and data system. A formal agreement is to be negotiated within 90 days.

Full Release: http://www.activecontrol.com/press/A...

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The 90 days makes June 4th (or any day before) an important day.

I know we are all waiting for MSHA Approval, but this is quite possibly much larger in my eyes. I personally, eagerly await the outcome of this, as much (or more), than the MSHA approvals.

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