Replies to post #61852 on Aquagold International Inc (AQUI)

[rich4053]

NOPE

[syracuseo]

Yup.. you sign a letter of intent it is binding....just like a contract....in the electronic telecom business....

Reason....there are financial obligations that may be undertaken as a result of the LOI, by one of the parties....

Therefore, Yes.....it would be binding....

[Risicare]

Not really
http://en.wikipedia.org/wiki/Letter_of_intent