Another thing which I found confusing was that when asked about Lamaze share of biz between the listed entity and pvt. entity.
Mr. Sabu said that profits will be shared 50:50. The gentleman who asked this question then said that (not the exact words) you mean to say that sales/revenues would be 50:50, then Mr. Sabu said no the profits would be shared 50:50.
I find the above answer also confusing. I mean I don’t want the listed entity to end up producing 60% of the Lamaze orders and getting just 50% share in the profits. Maybe Mr.Sabu didn’t understand the question properly and benefit of doubt should be given. But still none the less not a clear answer.
Cheers.
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