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righton21

02/02/24 12:28 PM

#76613 RE: pantherj #76612

OK, so it appears that my legal knowledge could fit in a thimble, thank you very much for the kind words. I'm wondering if the passages from a Harvard Law article on this subject would fit in the thimble with me..... The sharing of AgriGlow info to shareholders sounds voluntary to me.

"However, even before a definitive agreement is reached, companies may voluntarily disclose information about the other companies involved in the negotiations, for various reasons, such as to inform shareholders, employees, customers, or regulators, to solicit feedback or support, to respond to rumors or leaks, or to comply with contractual obligations. Such disclosures may include the identity of the parties, the terms and conditions of the proposed deal, the rationale and benefits of the merger, the expected timeline and challenges, and the financial and operational performance of the other companies.

The decision to disclose information about the other companies during negotiations should be made carefully, as it may have legal, financial, and strategic implications."

Ecomike

02/02/24 7:35 PM

#76632 RE: pantherj #76612

Yep, Your knowledge of what legally should and shouldn't be done could be put in a thimble and leave plenty of room for a bushel of Oats.

No one believes a word you say anymore. Which is as it should be....

IFUS Has performed and proved you to be a serial liar here for well over a decade now.

But thanks for keeping the post count up, folks love laughing at the BS kitty posts.
Bullish
Bullish

righton21

02/03/24 7:56 AM

#76646 RE: pantherj #76612

"The truth is that either "Agri-Glow Biotech" never existed before the 9th of December, 2023 .... or doesn't even exist now."

You make a good point. AgriGlow maybe didn't exist before December. I personally don't know. But does that make the business venture between the Indian business and IFUS a non-starter? I always ask myself if there could be other reasons than your two stated options above.

I have a very close friend who formed a business LLC to protect their personal assets in case of a malpractice suit. But my friend does not have a website advertising this fact. I simply cannot find his website anywhere on the web. Apparently thousands of these LLC's exist across the U.S. without websites. Several posters on here seem to imply that for an Indian business to "exist" it must, by definition, have a website. So that begs the question as to whether a business can only exist if it has a website. Or, could it be that after seeing how a JV with IFUS could greatly improve their financial bottom line in the cattle-feeding business, these soon-to-be Indian partners decided to form a legal business entity in India to protect their personal assets? I can visualize that happening.

In fact, I see this as a very positive sign of how serious the Indian business is about going forward with the joint venture with IFUS. Otherwise, one has to ask why they would go to the expense and trouble of registering a new business (AgriGlow, website not included) in India if they didn't plan on completing a joint venture with IFUS at some time in the future.