You do understand the only BINDING part is with GSCG. THEY have to pay the 500k if they bail but if you read line one of the LOI, LANS clearly has the out.
Is says the contract can be voided if LANS isn't happy with DD with GSCG within 60 days.
So LAHO could at anytime terminated it with no fee towards LANS. For a stock getting ready to merge with this so called "great" company, they started dilution immediately.
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