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Re: JHeard post# 54974

Monday, 06/04/2018 2:10:57 PM

Monday, June 04, 2018 2:10:57 PM

Post# of 68548
This would be interesting. How did you hear about this? If it is really a deal, ECOS would be under an obligation to disclose a deal of this magnitude under the securities law (it would be a material agreement). They should have filed an 8K.

Since AllSource is in the protected area given to LRS under their deal (180 miles from the California avenue site) you can only surmise that
(i) LRS would be getting a cut of or is in any AllSource deal;
(ii) LRS has waived their right under their deal with ECOS (they wouldn't do this for free); or
(iii) the LRS deal is off (at which point ECOS would not be bound by the protected territory rights of the LRS deal).

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