MultiCorp International Inc (MCIC)

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AKFISH...................

A letter of intent (LOI) is generally not legally binding, but it can become enforceable if the language or context suggests a firm commitment. The document's wording and the history of dealings between the parties often determine whether it’s binding. Courts have sometimes enforced LOIs when they clearly outlined essential terms or when one party relied on them in good faith. To avoid unintended obligations, parties should use clear non-binding language and specify which sections, if any, are meant to be legally enforceable..........So we don't know the language or context of the letter of intent........so just have to wait

The PR news had mentioned A Letter of Intent