Its a good thing that there is a HUGE difference between an LOI and a contract. Carden's letter is an LOI and Brad's release was to confirm that so that no one that read the REG A would be confused.
I guess it just hasn't sunk in yet that Carden expressed an interest, which the letter confirms, and some interpreted that to mean a contract to purchase $16 million was either being done or already in place. Carden is not required to purchase the shares, nor is WRFX required to sell them. I know that was clearly stated in Brads update.
Doesn't change a thing.
WRFX is ready to rock and roll.