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Re: HyGro post# 197164

Wednesday, 12/22/2021 8:58:08 AM

Wednesday, December 22, 2021 8:58:08 AM

Post# of 232883
As I said...

"Further, it requires Amarex to cooperate with an independent audit to begin promptly after February 1, 2022."

"Upon completion of our court-granted audit, if any damages are discovered which are due to negligence on behalf of Amarex, we will aggressively pursue all and any legal action.”


They've had weeks to file a legal action. They didn't want the injunction lawsuit to delay getting the clinical data by confounding the issues with any claims of fraud. They had the option to file fraud claims already. But normally arbitration MSA requires those type of claims to be covered in arbitration. Once arbitration is completed it will include a waiver of all claims so no further legal actions. Arbitration doesn't normally do liability damages of substance, but we'll see.


My comments are just my opinions and should NOT be taken as investment advice.

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