China Medicine Corporation (CHME)

[onehotplayer]

ratobranco, did you get the reply email? personally I don't think whether the contract is enforceable or not is important. JPM/OEP is a major owner/partner and it will be foolish to trick JPM into an unenforceable contract. So I believe it is enforceable. The question is how much penalty/compensation we have to give to them if management fail to achieve the financial target. With the major delay in radtz it has become the more and more likely outcome.

Another question to speculate is : Does JPM/OEP know the delay when they negociate with management since the events are so close together? Do they have a full handle of the situation? Frankly I will be upset if I just enter a partnership and boom my partner give me a surprise by announcing a major delay of an very important product.