Letter of intentIt's the first time since I have been following DYA that they have received a letter of intent. If in fact the technology works as it should (it has been tested several times), DYA will start closing contracts.
As of now DYA has received orders from 2 out of 29 government states in India. If the results are positive, more government states in India will come aboard. If results are negative, DYA has a product that wors in theory but not in practice and if that is the case the is a dead stock.
I think the next three months will be crucial for DYA. I have a good filling. Everything appears to be allinging for a great success story.
glta
A letter of intent (LOI or LoI, and sometimes capitalized as Letter of Intent in legal writing, but only when referring to a specific document under discussion) is a document outlining one or more agreements between two or more parties before the agreements are finalized.