There is a lot of profit on the books, in my earlier days I would have cashed in some CPX profit and gone over to PPP for a day trade and accumulated more CPX with the profits.
I apologize for posting parts of the RNS however it is just bloody marvelous.
"Market Expansion
CAP-XX and SCHURTER will work together to:
· Explore opportunities to expand into new geographic and demographic markets.
· Leverage each other's technical and market expertise to enhance overall capabilities.
· Driving joint research and development projects to foster innovation and bring advanced solutions to market.
The MOU marks the beginning of a strategic alliance that both companies believe will provide significant mutual benefits and create significant value for their customers and stakeholders.
Most CEOs word RNS's very carefully and contents are vetted before release.
CAP-XX has also granted SCHURTER exclusive rights to brand label and distribute CAP-XX's supercapacitor products within SCHURTER's electromechanical markets for a binding period (the "Exclusivity Right").
Surely this would not happen without some financial consideration.
Hopefully when the terms of the agreement have been concluded shareholders will have a better understanding of the merits associated with global cooperation and the impact on CPX as a growing company.