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Intrinsyc Software International Inc ISYRF



GREY:ISYRF - Post by User

Comment by humppyuson Mar 06, 2018 10:48pm
68 Views
Post# 27673175

RE:Expectations

RE:Expectations
The paragraph here from the Stream update a few weeks ago could signal a possible issue.
It seems to imply that Stream might not have purchased its agreed 2 million as it says, any outstanding balance will be included in a new agreement.

At the time of the last extension of the Note, Stream TV entered into a formal commitment to generate or purchase US$2,000,000 in products, services, or royalties during the year ending February 1, 2018.  The parties have agreed to incorporate any outstanding balance of this commitment into the new agreements to be negotiated in the upcoming sixty day period.  Stream TV has previously exceeded prior obligations to purchase more than US$6,000,000 in products, services or royalties from Intrinsyc and currently has no outstanding trade related debt owing to Intrinsyc.
Read more at https://www.stockhouse.com/news/press-releases/2018/02/01/intrinsyc-technologies-corporation-tsx-itc-and-otc-isyrf-and-stream-tv-networks#UqHixO2J7qXGURgF.99
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