BioHumanetics
There’s a company in another valley – not Silicon Valley – East Valley in AZ, BioHumanetics.
There story is typical, also sad.
The company makes agricultural fertilizers and biochemicals that are used in environmental cleanups. Sounds pretty wholesome, eh?
A representative of the Chinese government found their web site about seven years ago. One thing led to another and next thing you know Biohumanetics was in China cleaning up a canal using one of its chemicals.
The company did the work free of charge, hoping to land a contract for bigger cleanups.
What they got was nothing …except a few contracts with Chinese golf courses.
what they got was minus – another group tried to break down their product to see what made it work. The attempt at piracy failed. Well, I guess that makes it zero, not minus.
There is indeed a risk when attempting to do business in China. But, I don’t think that is unique to China. Unfortunately, too many people want too much for too little or nothing.
What do you think?
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