Tuesday, March 12, 2019 3:08:33 AM
Draft agreements do not need to go through such convoluted legal processes. That's lawyer speak, leeching off the uninitiated.
I happen to have a number of draft agreements that I use in my business. MOU's, MOA's, LIO's. NDA's, NCNDA's etc. etc. that are used at the initial stages and require nothing more than to be notarized by both parties. The lawyers get involved after that, but it's almost like shaking hands on a deal and putting it into a formal wording.
It is utter BS to suggest to this board that nothing can go ahead until a formal agreement has been drawn up by a pack of hyenas, sorry by a team of lawyers.
Pure bunkum.
I would add, NS cannot afford these legal costs anyway, so they will need to start simple. Therefore, if they cannot show any evidence of simple deals that have gotten done, then News Flash, they haven't gotten any done, they just got a lot of jaw wagging done. It's all 'plenty of interest shown at the event' blah blah blah. Trust me, this soon evaporates when people who were in attendance get back home to work and have a) a huge backlog from what they missed whilst they were away and b) loads of real bona fide orders to push through that they scored for their company at the show.
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