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satelliteguy

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satelliteguy

Re: buccaneer1961 post# 1953

Tuesday, 04/10/2012 10:56:29 AM

Tuesday, April 10, 2012 10:56:29 AM

Post# of 8766
Yeah, you highlighted it, but it makes no sense. NEIK is acquiring 100% of a start-up company. It doesn't matter what the new "market sectors" or opportunities are -- the plan is for them to acquire all of Echotec, and there is no logical reason for changes in the business plan to delay the preparation of a definitive legal document.

However, as I said, the real reason for the delay is innocuous. They just haven't gotten the lawyers to prepare the documents yet.

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