RE:RE:Someone knows if they put a deadline on each LOI ?You dont think 7 months is a long time between an LOI and an Agreement? I think it is a very long time. Look at other companies that have done LOI's. The time between is usually much shorter.
Med Biogene is a company some will be familiar with. Anyway, it entered into an LOI on March 1, 2011. Later had a competing offer and then finalized the deal on April 18, 2011. A mere 6 weeks later. I think this is quicker than normal but not that out of the ordinary. We are told that some of ours are being expedited yet not much seems to be happening.