“The Company advises that negotiations and discussions are still ongoing with TeleSecurity Sciences Inc. (“TSS”) to acquire a division or project of TSS. Because it is anticipated that any new agreement will be on a substantial different basis, the Company determined to allow the Original Agreement to expire. The Company remains optimistic that a new agreement will be reached with TSS but there is no assurance until an agreement is actually concluded.”
The doesn’t mean the deal is dead, but was being changed from the original agreement.
The bottom line is no one knows what’s going on here but we all know the SS is primed for a run, and something is clearly coming.
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