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Re: JEFFROCOLETRAIN post# 4653

Tuesday, 02/03/2015 10:18:33 PM

Tuesday, February 03, 2015 10:18:33 PM

Post# of 9839
First the MOU was something you never heard of before and caused you to chuckle then suddenly an expert after a swift DD of a google search. Bravo!
Using the word "intend" in a sentence is not the same as a "LETTER OF INTENTION". Candadian Solar?? Well duh they bought the company of course there is no MOU not really a good example. Usually when you "buy" something I agree involves money so congrats on that find. So if this is just a penny stock and wants to come out of the shadows as you believe they will remain then why have a problem stating the tier one Hyundai's worth to also gain attraction. People under stand money more than terms like tier one, dont you think? Andalay is not a legitimate company? That an opinion not a fact... If you dont understand a pre-order I have nothing to say to that except google that too. Your points are not well thought out but a stretch like I said earlier. Also I dont think we see much come from this particual deal till Q2 as the panels are to be ready towards end of Q1. Unless I read that wrong. Generally the modules would not go as far as being in the process of the UL cert. if this was nothing to be carried out. So yeah they INTEND to sell Andalays module. You can cherry pick all you want. But facts are facts. The continual progression Andalay will make and is making will silence the critics who claim its a failed company.

DEFINITION OF 'MEMORANDUM OF UNDERSTANDING - MOU'
A legal document outlining the terms and details of an agreement between parties, including each parties requirements and responsibilities.

INVESTOPEDIA EXPLAINS 'MEMORANDUM OF UNDERSTANDING - MOU'
The MOU is often the first stage in the formation of a formal contract. An MOU is far more formal then a handshake and is given weight in a court of law should one party fail to meet the obligations of the memorandum.
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