Actually, I was under the impression the Intent was to do a Reverse Merger with Electrum Partners - so if that is true - why would it be necessary to pay Electrum Partners $5M ?
The wording in the agreement was vague (of course) as to when they had to execute and I think they have wiggle room as to a mutually agreed date. There was a deadline for backing out of the agreement that was in August and passed without a word. So, we wait for "wiggle room"? But I agree. I am very interested in hearing substantive facts from LB at this point