Replies to post #53924 on Lans Holdings Inc (fka LAHO)

[Outcast27]

You have been calling this out long time.....


g0nz0 Thursday, 06/27/19 01:32:42 PM
Re: Livinggood1 post# 19773 0
Post #
19778
of 53924
You didn't read my post. I never said GSCG would change their mind. I said LANS would. LANS will be the ones that pull out after collecting their millions from selling all these shares. Then later on they will repeat the process.

If you look at the LOI the it all falls on the decision on LANS.

Quote:

The LOI sets forth the terms of the Transaction as follows:


1. Subject to LAHO declaring itself satisfied with its due diligence of GSCG within 60 days of the execution of the LOI, the Parties agree to enter into a definitive agreement for the consummation of the Transaction within 150 days of the execution of the LOI and the closing of the Transaction shall occur at the time of execution or such later date as is practicable following the execution of the definitive agreement.