Reply to Kurt and Snark. I believe you missed the point. Drugman didn't make a value judgement, he only posted the lasted "not a real deal" post by Squires. If anyone knows what a "term sheet" agreement is, they will know it is one step above a letter of intent. Usually a term sheet is supplied by an entrepreneur saying he will invest money into a start up company based upon certain criteria. It is not binding upon anyone involved in the agreement. In this instance, once again, we have no details of who is giving what to who, and under what conditions. Since both companies are considered startups, who is giving money to who, if that is the intent of the term sheet. Of course, after ten years doing non-business, Quantum is still considered a start up. This in my opinion is like the non-agreement with Sheffield (sp). Can anyone figure what use Quantum may be to Neurolytixs? This whole thing once again is a tempest in a tea pot, a non-deal.
