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Re: stockspirit post# 2435

Friday, 01/06/2017 7:14:55 PM

Friday, January 06, 2017 7:14:55 PM

Post# of 3057
Unusual Development!
My first response to this was dismay -- we certainly don't want litigation between CDXC and its single biggest customer. But the more I thought about it, the stranger it seems.

Elysium just got a big round of funding, so they don't lack money to pay. Nor do they have another source of NR/Ptero. Nor do they lack demand (or else they would not have gotten additional funding). So what gives?

You wouldn't need to go to federal court to resolve a simple contractual issue, and CDXC wouldn't be suing if there were any other way.

So the most likely conclusion, I think (we'll find out for sure eventually), is that Elysium is using their size to unilaterally renegotiate favorable terms, and CDXC is having none of it.
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