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Re: janum post# 66763

Friday, 05/17/2019 1:30:09 AM

Friday, May 17, 2019 1:30:09 AM

Post# of 94299
Janum, I looked & I no longer have that message saved however I was only given general profiles of different companies that Protext had been negotiating with at that time. No names were given because that would violate rules. This is all by memory now but my best recollection is that one was out of Nevada , one from Colorado, and one in Florida. I think all had Market caps of 10-20+Million. Each had different stakes in partnership and different amounts that the partner and TXTM would have to put up as initial investments. Of course, as any co, Protext is trying to get the greatest stake they can with the least amount of up front investment. My understanding is that many other potential JV partners have come to the table since then. Who their final choice is I can’t say. It is my understanding that they have made a final choice though. Both companies are fixed on one another and final negotiations are nearing, if not at, a close. My guess is that News of kettle movement is the next big catalyst. Once this is announced, IMO, it means that negotiations are likely done. I’d encourage investors to hold on.