Replies to post #47537 on Patient Access Solutions Inc (PASO)

[Stevexpress]

As of late if you haven’t picked up on the pattern people are just spewing ignorance. In a day and age of such great technology when everything you could want to know is just a few clicks away. How do people say that a LOI isn’t binding lol

[RoagTrader]

Yes, but those clauses are different than the ones regarding the actual reverse merger itself. They can terminate the LOI at any time based upon their due diligence, they are not legally bound to execute a DA. And assuming they abide by the confidentiality and exclusivity clauses, there's no legal liability.