Identa Corp (IDTA)

[RichieBoy]

LOI , vendor agreement, even IF! it's a real contract
It could be ripped up today and Identa is off the hook. That's business and as far as I can see Identa has covered there tracks well, but the legal escape hatch is wide open IMO. Pretty sure you will find that "vendor agreement" every stuckholder is pinning there hopes on is really just the LOI which isn't worth the paper it's written on. Both companies will have made meticulous allowances to jettison any legal tangle-foots you can be sure of that.