Replies to post #2019 on THC Therapeutics Inc. (THCT)

[SurgeGuy2.0]

What is a 'Letter of Intent - LOI'

Used in most major business transactions, a letter of intent (LOI) outlines the terms of a deal and serves as an “agreement to agree” between two parties. An LOI is similar to a term sheet in its content, but differs in structure (one formatted as a letter; the other, as a list of terms).