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Zeroze2002

08/24/15 5:54 PM

#222847 RE: PennyStalker #222846

There are no signatures on the memorandum. It looks like this thing was drawn up, but we have no evidence that it was actually agreed upon by both parties.
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kentuckybull

08/24/15 6:05 PM

#222848 RE: PennyStalker #222846

Or maybe this is just way undervalued.

KB
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xmancometh7

08/24/15 6:58 PM

#222852 RE: PennyStalker #222846

YEAH THATS THE TICKET. THE MEMORANDUM OF UNDERSTANDING...THATS WHY IT WENT UP..THANKS IVE BEEN WONDERING WHAT DID IT
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Mistral

08/24/15 10:04 PM

#222884 RE: PennyStalker #222846

I completely disagree with your rationale for the pps increase. We are witnessing a major and verifiable positive turning point for the company.

More important though, I find your suggestion that Ed violated a Memorandum of Understanding with a TEN-WEEK DURATION that occurred TWO YEARS AGO between Centric and Seergate misleading. This company did not own Seergate during the summer of 2013.

MOUs are not contractually binding.

Here is the link to that exhibit:

https://www.sec.gov/Archives/edgar/data/1619558/000114420415051393/v418883_ex10-59.htm