This reminds me of a few previous LOI's. I will assume the purpose is only to keep the PPS steady while they dilute some more shares.
Considering their current financial situation, I think it would make a little more sense to partner with the company and get product on the market 1st before issuing a LOI to purchase it.
Neah still has no products on the market and several deals that never happened.
Still on my watch list, but I won't invest here.....yet.
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