And how am I wrong?
They target 60 days (they should know how long it takes, right?)
But we assume they were optimistic and 60 days into in they sure as hell should know what they are doing by this point. And they should know what they have left to do, right?
So then they extend 2 weeks. So if they can not get it done in two weeks (or by tomorrow) then it's pretty obvious they are either dumb or blowing smoke.
The only way you can not see this is if you are blinded by greed and are wanting way too bad in one hand while getting crapped on in the other.
They still have a couple days though before this post is valid.
"The parties had original targeted completion of the definitive agreement within 60 days, however, the Letter of Intent called for a period of up to 90 days. Because of various delays in completion of due diligence resulting from the complex technology involved and the concomitant preparation of legal documentation, the previously announced sixty day period has been extended for approximately two weeks, but well within the agreed upon 90-day period."
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