Can we ASSUME that after 3 months they may be as unsuccessful as MovyChem was at creating Duffy's world changing BRIGHT NEW SHINY THING. What makes it deeper since it is NON-BINDING compared to the others. Duffy used Strategic Alliance which is binding. A LOI is a precurser to a binding contract which I did say. When has Duffy used a MOU, more misdirection. I said any of the other BS Duffy has used which include BS JV with XTI & MC ( binding but DEFAULTED) along with the DEFINITE MERGER AGREEMENT BS
Partnership Agreements are formal documents that clearly define goals, activities, and responsibilities of each partner. They are non-binding agreements anchored in common goals, responsibilities, and values to produce measurable outcomes related to programmatic objectives and/or operational needs.
Though less formal than other types of agreements, a strategic alliance is often still bound with a contractual obligation that legally binds the actions of each alliance member.
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