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Re: EducatedInvstr post# 123557

Tuesday, 10/10/2017 9:27:08 PM

Tuesday, October 10, 2017 9:27:08 PM

Post# of 183214
For those misunderstanding LOI's non-binding, Quote:

"...nothing herein shall be considered binding, and this Letter shall only be considered an expression of intent setting forth the terms to be included in definitive agreement(s) to be negotiated and executed by the parties. ..."

Pretty clearly written.

So, it's basically saying: "We have this idea of a joint venture, and this is the outline....etc..."

"It is easier to fool someone, than to convince them they have been fooled."

For those that don't get it, it means that people need to be more careful, and do good due diligence.