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StockWatchMJ

03/19/18 3:25 PM

#114763 RE: Goodbuddy4863 #114761

http://whatis.techtarget.com/definition/letter-of-intent (note: this is one of the first links that pop up when you Google "letter of intent". Take the dependency of the source for what you will.)

@SnakesLattesAZ has been very careful to not insinuate a deal will inevitably be finalized.

"A letter of intent is not a contract and cannot be legally enforced..."

As I said before, I think it is a good sign that a LOI was agreed upon, but it is far from a certainty that a deal is inevitable.