Replies to post #300991 on Plastic2Oil Inc (PTOI)

[jaxstraw]

Is it binding or does it guarantee a monetary exchange ?

I read the Google search definition also you provided.

Maybe you can answer the question above instead.

[flptrnkng]

They won't even post the Master Agreement until the 10K comes out

In April (they're always late with it).

The Agreement with Rocktenn had redacted parts that covered how the agreement could be nullified. It was, without explanation.

This one will be too, some time in the April-June timeframe.

No money will change hands. This is another sham deal, like EcoNavigation and RockTenn.

No one would agree to 5% royalties on gross sales when the process is proven to lose money on a gross basis, nevermind net.

Sham Deal. Take it to the bank (and get laughed at).

[loanranger]

So it's just like the RockTenn agreement in this respect then:
"The master agreement is a document agreed between two parties that sets out standard terms that apply to all the transactions entered into between those parties. Each time that a transaction is entered into, the terms of the master agreement do not need to be re-negotiated and apply automatically."