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WebSlinger

05/03/21 7:44 AM

#21736 RE: Emily1212 #21729

Here is the Affidavit of Herbert Leeming (CEO of UNDR) that was filed with the court last Wednesday (28 Apr 2021):

https://www.pacermonitor.com/view/K3RRXXI/UnderSea_Recovery_Corporation_v_Madero_Holding_SA_de_CV__gandce-19-00286__0043.1.pdf
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HomerRomer

05/03/21 10:06 AM

#21743 RE: Emily1212 #21729

I would feel much better about the large investment that have I made in UNDR if one of the exhibits actually said that it was a "signed contract" with Madero. I'm not sure how all the legalities work with verbal and written promises of commitment, but it scares me that if there is no signed contract that it could be a case of "but we pulled out before we signed the contract". That being said, if UNDR wins this ruling, I think it is even going to be more of a surge in the stock price than I have been anticipating.