RE:RE:RE:RE:Maybe GSFC can nominate this gentleman to sit on the boardbk, those folks are gone, but more importantly shareholders need to know what Agreements are still being relied upon between Karnalyte and GSFC, and any restrictions or time related penalty clauses to the corporation for non production as at October 2016 that may be contained within those agreements.
I was hoping someone with a corporate contractual law background could review both the January 2013 Offtake and Subscription Agreements available on SEDAR, and note any concerns or red flags, if there are any.
I dont for a second believe that those agreements are no longer enforceable, as they were the foundation of the initial $45 million investment by GSFC,
Two Framework Agreements did not survive with the exception of a couple claues, but as for the two biggies, I cant find any information regarding their termination.
Even if all new people sat on the board next year, they are still obligated to follow the contractual agreements made by those before them, and if they didnt, more expensive lawsuits would be filed citing breach of contract.