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Re: TenKay post# 115372

Monday, 11/21/2022 8:11:58 PM

Monday, November 21, 2022 8:11:58 PM

Post# of 161189
You said you read the agreements, yet you wonder if there was an undisclosed agreement to "keep FORW whole if the stock tanked."

I wonder if in those verbal agreements (or agreements written in invisible ink) whether I was specifically mentioned and if they planned on making me whole. Let me know if you find something.

Verbal agreements are only as good as the paper they are written on.
"We agreed you would buy me a car and I have witnesses."
"We later agreed that we cancelled that agreement, and I have witnesses."
Four corners rule anyone?

More likely it was a violation of the consulting agreement, breach of fiduciary duty - the RS decisions, and how it affected FORW's warrants specifically. The warrants were offered as part of a package that included brokering a reverse merger likely in liu of an immediate payday. I think Foote might have been wise to settle with Sharp and keep him as an ally.
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