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Re: prototype_101 post# 42302

Tuesday, 01/22/2019 11:00:17 AM

Tuesday, January 22, 2019 11:00:17 AM

Post# of 200951
Proto,

I agree with you on this, it's important when going into negotiations to have the time on your side, everybody knows that being in need of funds is never a good position for deal making.

The other advantage is the flexibility of the agreement:
The Purchase Agreement may be terminated by us at any time at our discretion without any cost to us

We must remain realistic, at the moment there is not much alternative while we are still a development company, no bank will be giving us a loan while there is no substantial income.

The flexibility of the contract means that we don't need to take more then we need, so if alternative financing comes in (sales, contracts, partnership, ...) we can just stop using LPC.

Am I seeing it wrong when I say LPC must be confident about LWLG as they enter into a new 25M$ agreement. Or is there no risk at all for LPC?

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