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LETSWIN2020

04/11/20 3:23 PM

#101588 RE: Awigo #101586

Fantastic dd ! You are on the ball. Good on you . $$$$ coming for those r lucky .
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Real McCoy

04/11/20 4:06 PM

#101590 RE: Awigo #101586

APA, page 4:

J. The Vendors desire to sell, transfer and assign to the Purchaser, and the Purchaser desires to acquire and assume from the Vendors, all of the Vendors’ rights, title and interests in and to the Purchased Assets, on the terms and subject to the conditions contained in this Agreement.


Vendors’ rights is not the same as their rights in and to the Purchased Assets.

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trader59

04/11/20 4:18 PM

#101591 RE: Awigo #101586

And, let me re-iterate, too, since this selective "redding" is going on. What wasn't excluded:

(i) the Books and Records, it being understood that the Purchaser will obtain copies at its own costs and that the Vendors will retain the originals;
(ii) the Owned Real Property;
(iii) the Owned Movable Property; and
(iv) the Owned Intellectual Property



All of those things were not excluded according to the passages posted up here.

Now, what rights were granted to the Vendors in the agreement? Here's a hint... It wasn't the rights to the property listed on the 100 pages...

Any wiggling attempt to deliberately misinterpret this clause is laughable.



That part is very true...

Tell me why they'd even do an APA with 100 pages of assets listed as being sold if they weren't???

SMH