RE:RE:RE:Partner WebinarI am a shareholder of both, and I'm not laughing. I wanted a DA agreement signed between the two. Original LOI was a licensing agreement. Would have loved to see a copy of a DA that was originally sent between the two. Amazingly , with the LOI , on the in-situ private mining company, the LOI included exlusive rights. Now, exclusive rights perhaps means, different things to different people. It could be geographical rights. Owning some piece of intellectual property, when you are working with a partner, isn't really out of the question either. The statement quoted here is from the press release of the LOI. Duane Nelson-" The objective of this venture with Mineworx is to develop an eco-friendly and commercially viable process for the extraction of platinum group metals for waste catalytic converters. The completion of the transactions proposed under the LOI is subject to a number of conditions, including the negotiation and execution of a definitive agreement and license agreement".
On the outside( as always , being a shareholder) it just seems that ETI has had a hard time signing definitive agreements, up to this point in time. We will never probably know exactly went amuck, but
if any negotiations were even close to the original intent on the LOI, what happened that made the end explanation by Enviroleach to Morgan subscribers so different, regarding the DA? glta