Friday, January 25, 2013 5:36:42 PM
Great discussions all especially AVI77.
Few more tangential thoughts on why I think the news will be +ve. For inking any deal albeit with disclaimer, both parties had to spend time, resource and DD on both tactical & strategic options. It is not easy exercise to quantify various metrics that goes into finalizng the framework for both upfront payments and royalty rates. So as an outsider, I would be scratching my head as to why bother going thru all these gyrations if either of the parties are not 'aware' of eventual implication to such a contract.
Hisun would really look stupid as apart from downpayment of non-refundable $5m, they return back with nothing in hand if the results are bad in matter of days having lost their money
I think both parties signed this deal under proper NDA but cannot be any more blatant on the results other than putting a disclaimer clause.
The other reason that someone pointed out is Hisun's CEO comment of 'Not until now, there has not been any SOC for HCC..' Sounds they do not expect to roll back the deal, do they ?
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