@ DR. Evil: Intelligent man, you got.
If this LOI was done with Puriblood and they had mentioned it in their website or issued a PR to their shareholders, no one would question the authenticity of it. Show me an acknowledgement by Puriblood, won’t ask a question. When you do a side deal with an unknown person like Jessie Chiang (and don’t introduce her), you need to verify the authenticity 200%. If you want to just pump the stock, then it’s fine.
When Elon Musk wanted to buy Twitter for $44 billions, both parties publicly acknowledged that, no one questioned that. When business deals happen, even a non-binding LOI, and both parties acknowledge it publicly, you don’t question the authenticity.
When one party is super excited and releases public PRs and you can’t find the other party, there is every reason to verify the authenticity. When you’re not making LOI with the owner company (i.e., Puriblood) and they don’t say a word, there is every reason to question it.
Why 99.999% LOI/RM don’t work out in OTC because they always make side deals for some mutual benefits and after sometimes, they disappear.
Here Puriblood, a well known company, has a beautiful product and that is going to be marketed in North/South/Central America and Puriblood doesn’t say a word. If Ms. Jessie has worldwide rights of Puriblood tech, then introduce her formally and describe her relationship with Puriblood.
Again, those want verification, keep asking questions and try connecting the dots. Those want to just pump, do what you need to do.
