You are completely right! I am wrong. I am sorry. For 7 years of watching pennies, I have never heard a PR give a MOU. Thats a first for me. And I have seen some pretty shady PR's.
The lingo is still shady, no matter how you read it though. Hyundai intends to do things with WEST, they are not contractually obligated. That still leaves a level of uncertainty that exists that leaves room to cancel any MOU agreements, since they are "just feeling each other out" as someone said earlier. It just seems that PR was so conveniently timed to start the 85 Million dilution going. Mission accomplished. We know they need cash and fast!
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