TSXV:CVM.H - Post by User
Comment by
gamer007on Jan 07, 2020 10:51pm
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Post# 30529029
RE:Dealing with Peter
RE:Dealing with Peter
My understanding would be that the term sheet signed by both parties would contain all the pertenant conditons of tech. transfer, operational control, Global share lock-up etc.
Final legal wording is what I believe, is the hold up as both sets of lawyers haggle this out, to everyones satisfaction.
I feel good about some of the old directors being brought back in the loop as I feel they were a serious asset before, and I fell good about them nailing this down this time where there is no wiggle room for any remant con artists.
In the grand scheme of things, a lost year, more dilution, and a solid foundation going forward...........I can swallow all this .............versus having this cancer track the project to a NASDAQ application (which it probably would fail on ethics basis) and would have created a much bigger mushroom cloud with greater despair ! Time to keep our chins up !