SDW - SOFAME TECHNOLOGI (TSX-v) - Page 13

JV should close by next week at the latest, combined with yesterday's news, Sofame will have a potential of being a big winner in the next few months

I'm hoping that the jv closes early in the week, not at the end.

JV is scheduled to close this week... John Gocek is in the states for that

knowsnothing, do you know what's up with the time line here?? I'm expecting they are going to annouce the debenture issue solved, the closing of the jv and the lifting of the management cease trade order all at the same time. John wanting to get all of his ducks in a row at the same time is the only reason I can imagine for such a delay, unless there is something more serious going on. Any thoughts??

I am expecting that we are going to hear something about the JV and cease trade order revocation.... John was off last week, I am on a vacation this week but I will keep you updated if I find out anything.

Thanks! Have a good time, I just got back from Vegas and wow, was it hot.

QED Connect Inc. and Sofame Technologies, Inc. Finalize Joint Venture
Last Update: 7/28/2010 10:56:10 AM


MANCHESTER, N.H., Jul 28, 2010 (GlobeNewswire via COMTEX) -- QED Connect Inc. (Pink Sheets:QEDN), a New York corporation ("QED Connect"), today announced that it has completed its Joint Venture Agreement with Sofame Technologies, Inc. ("Sofame Technologies") (SDW). The Joint Venture company, Sofame Energy, Inc., has been incorporated in Nevada with headquarters to be established in downtown Chicago for the purpose of exclusively distributing, selling and supporting Sofame's current and future products in the United States.

Under the terms of the Joint Venture Agreement, QED and Sofame Technologies will initially be the only equity owners of Sofame Energy and will share revenue of Sofame Energy. The joint venture will also establish strategic relationships and assist the marketing and business development efforts. Sofame Energy has initially organized a debt financing arrangement, potentially up to $1 million, to support expansion into the US market as well as further product development at Sofame Technologies in Canada.

Over the last three months, Sofame Technologies has closed over $1.6 million in US orders including: $1 million to design and install a Sofame Stream Pump(R) at a well known university in New Jersey for a system that will reduce nitrogen oxide emissions while simultaneously increasing the overall efficiency of the large boiler plant, and a $555,000 order from a major pharmaceuticals manufacturer for a custom Percotherm(R) heat recovery system that is designed to reduce natural gas consumption and carbon emissions.

John Gocek, Sofame Technologies President and CEO, said, "With a US headquarters in Chicago, Sofame Energy is in a much better position to supply customers with a US made product at competitive costs and which qualifies for state and local grant programs and other assistance. The US is a key part of our growth strategy and Sofame Energy gives us the presence in this market to help us continue to win business."

A recent McKinsey & Co. report entitled Unlocking Energy Efficiency in the U.S. Economy, estimates that savings of 23% per year in overall energy consumption could be achieved by employing energy efficient systems in the United States. This would require an investment of $50 billion per year over the next 10 years, representing a four to five fold increase in current spending. The resulting annual energy savings could reach $130 billion annually by 2020 according to the study.

Tom Makmann, President & CEO of QED Connect, stated, "The completion of the Joint Venture marks a significant step in QED's strategy of partnering with and investing in early stage companies with strong revenue growth potential. Sofame is in an exciting new market that has high growth potential with a proven technology that gives the company a competitive advantage. In addition to Sofame Energy, we expect to close our acquisition of Nazz Productions within the next 30 days, and are continuing to explore additional opportunities to increase shareholder value."

About QED Connect, Inc.

Nice to see the JV deal completed

Sooner than later people will understand about the NEW SOFAME

GLTA

We need the cease trade order lifted, that should give things a kick start. It took them so long to get the jv done that they lost the momentum they had going, now it has to build back up again.

Today QED the jv partner of SDW traded just over 700 million shares on the pinks. They are listed as QEDN. This was after they announced the closing of the jv.

Cease trade order lift will be announced in the next 2 or 3 days as I hear. QEDN is just a shell company and I do not think that they will benefit a lot from this JV. Basically, Sofame Energy will make an order through Sofame Technologies which will have a markup on shipped equipments.... then whatever is left will be shared between QEDN and Sofame Energy who in turn have to pay the $1 million loan back. For example, if we have an order for $1million and the cost is $500k, Sofame Technology can make 300K and the rest will be split in between Sofame energy and QEDN 50:50..... It is an amazing deal for Sofame without diluting shares....The game had just started

SDW does not only depend on NG only anymore, the last big order for $1 million was designed to reduce Nitrous Oxide emission... Sofame is not in danger anymore and 4 cents is very darn cheap for this stock.... The JV should play a big role in increasing the number of orders substantially. Market does not realize that the JV and SDW will get a potential $1million loan which is huge, anyways we will just wait until the news hit the canadian newswires

I got a response from John to an email I sent regarding the jv announcement and the cease trade order. They still owe some fees to the txs and the quebec securities commision and have to get this all cleared up, it is slowing the process. Also, Q3 financials are due in august and are almost complete, there is a blackout on trading for mangement and all insiders until the Q3 is released, so the cease trade order isn't an issue, they would still be blacked out from trading.

It isn't just an issue of management being under a cease trade order, it is all insiders, which includes anyone involved in the jv and the people who are providing the 10 million financing and anyone else on the inside of this thing. So to say that at the meeting no one said they would be buying shares doesn't even come close to addressing the scope of this issue. If the people at QED want to buy in, they can't. If the people who are providing the financing want to buy in, even on a personal level, they can't. Anyone who is close to the situation and sees the potential currently has their hands tied. This will all change once the Q3 is released. Sounds like August is the month for SDW.

>>> SDW does not only depend on NG only anymore

I agree with you K.N. but I prefer natural gas price higher than closer
to $3 who is our floor price to calculate payback on most of our systems

Sofame will be a winner but +++ if Nat Gas goes to $5 trough $7 range
and indicators point right to that direction in short terms

GLTA

probably the best stock under 10cents, solid moves and continuing progress, we should end up the year with a positive cash flow very undervalued for what they have.

Was looking at some construction photos from inside the new Winnipeg airport terminal building set to open this fall - saw Sofame labels on some of the mechanical equipment that has been installed.

bids are building, still 2 cheap

Tofu: From my research It's an old contract sign around april 2007...

so it's true you can probably see Sofame name on mechanical equipment

Sofame will rock this fall

GLTA

Took a screen grab of the pics from the construction blog http://www.james2010.ca/blog/article/643.