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Re: uber darthium post# 45799

Wednesday, 07/22/2020 9:34:47 PM

Wednesday, July 22, 2020 9:34:47 PM

Post# of 50023
Hmmmm. Wonder why that was never raised in their defense? Probably because it was not relevant to the consummation of the SPA. The price and number of shares exchanged could have been adjusted to reflect the price as agreed. Very common practice in acquisitions and RMs.

Share price was in the .40-.95 range during the time of the SPA before Rontan breached.

Backed out?? When you back out you send a letter stating your position and reasons for withdrawing from the process. Rontan didn’t do that. Rontan, as has been determined by the court, breached the contract.