Lans Holdings Inc. (fka LAHO)

[MyzStreet]

The 60 days is very important because once they declare satisfied with DD. It then say they agree to go forward with definitive agreement and close. It doesn’t say they may go forward. It says “THE PARTIES AGREE TO ENTER INTO” which is saying they are doing it within 150 days. Very important! IMO

“Subject to LAHO declaring itself satisfied with its due diligence of GSCG within 60 days of the execution of the LOI, the Parties agree to enter into a definitive agreement for the consummation of the Transaction within 150 days of the execution of the LOI and the closing of the Transaction shall occur at the time of execution or such later date as is practicable following the execution of the definitive agreement.”

https://www.otcmarkets.com/filing/html?id=13457482&guid=el1IUekP1ejs9yh