For me - DM should drop this LOI & focus on AGPTSimply: Paying $3.5 M for something, that isn't ready and brings no revenue to DM, is too expansive. They have a market ready product - AGPT. There is no need to go for a new vertical/market/product.
DM should focus 100% on AGPT and sell it to the market.
Until today it still su#$% what DM deliver.
This planned aquisition is a red flag, as it clearly shows DM goes still the Harper way. Building a webpage, selling it to DM for issuing new shares (all on the back of the current shareholders).