RE:Cautious Order for 22 million over 5 yearsI disagree with you about the Halt.
The halt was necessary because the company they were doing the deal with was a major insider. (Gold Finance owns 11+ Million shares) - It shows that D-Box was being respectful to all investors/shareholders ahead of time.
As for the cancellation clause in the contract - why is it always something with the shareholders or potential investors that they don't like. Always one little thing with everyone. So ridiculous.
That cancellation clause was a deal maker. Even if they do cancel mid way through, so what? Gold Finance doesn't want to commit to $22 million USD and then find out the product flops. If the product doesn't flop, they will commit to the deal PLUS more. This is how business is done. I they cancel, there's no massive loss to D-Box. They are getting guaranteed $3 Million now, and then potential $22 million NEW revenue stream over 5 years. It's actually awesome news.
Also, D-Box is not a big enough company to use massive leverage in negotiations. They are growing and trying to grow as fast as they can. When you are young, you have to give up a bit to be given a chance, or to get exposure.
The reason for little activity on the stock today is because of that damn US Election on Tuesday. Trump is leading in some polls and the market is scared.
If Trump wins, D-Box could find the cure to cancer and the stock will still go down day after election. People just aren't buying anying on the market these last few days.
Have a good weekend.