Chang-On International Takes Bold Step Toward Licensing
Chang-On International, Inc (OTCBB: CAON) today issued a press release announcing they are going to explore commercialization of its innovative SF brand of synthetic materials by developing initiatives to promote licensing of its production technology for synthetic materials and to generate royalties from licensing its SF brand synthetic resin technology.
This is a very bold and intuitive move on the part of Chang-On Int in light of the current global economic situation. In tenuous economic times some corporations look to pull back. Instead we see Chang-On looking at the situation and instead of seeing trouble, they saw opportunity and acted on it.
Since companies throughout the world are going to be looking for ways to reduce construction costs, CAON has an exciting opportunity to increase revenues and product credibility by licensing their environmentally friendly construction formworks (forms used in construction).
Since their proprietary technology allows for the construction of a wide variety of construction formworks, from concrete walls to pipes and water tanks out of readily made from shredded plastic and fly ash, two readily available and incredibly inexpensive materials, their technology offers licensees the opportunity t build market these products at a profit while reducing the end user’s construction costs.
One of the signs of a successful entrepreneur is the ability to remain flexible and to find opportunity in adversity. An even greater sign is the ability to anticipate possible adversity and to find and act on the opportunity to avoid it. That’s what we see going on with CAON and, frankly, we’re impressed. This company is one of the most unheralded companies we have run across and we feel it deserves far more attention than it is getting. Take a few moments to check it out by clicking here.
