Replies to post #123508 on Bravatek Solutions Inc (BVTK)

[Erie]

Educated Investor,
Thanks for your post

I don't agree on your interpretation of one thing. You wrote "In lamens terms, CrucialTrak may refuse their right to distribute if it deems necessary", whereas I think you should have written "the Joint Venture has the first right of refusal. . . "

My reading is that CrucialTrak could only go it alone on a project if the JV opts out of that project. "ain't gonna happen" as one would say in slang.

Erie

[TenKay]

"legally binding the two entities, "

No it's not.

If you read the ACTUAL agreement it says quite clearly

Notwithstanding anything to the contrary herein, nothing herein shall be considered binding,...

It is a NON-BINDING letter of intent.

[Quent]

Nice work

[whizent1]

Nice break down! Good job.

[Homebrew]

Wrong. Nothing binding at all. LOIs are stinky-pinky favorites because they are non-binding and usually meaningless hype generators.

"...This is the letter, legally binding the two entities, of which both have been MAP partners, to ..."