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Re: alexbh2285 post# 4729

Tuesday, 10/08/2019 3:31:15 PM

Tuesday, October 08, 2019 3:31:15 PM

Post# of 18527
Fraud or not, did the asset exist? If it did, why wouldn't it be proper for ALYI to explore getting a piece of it. If it didn't exist, the LOI would have been meaningless anyway.

An LOI only commits them to a good faith effort to complete the deal. It doesn't guarantee that a deal will result.

Les