"Term sheets... and generally lead inevitably to a closing."
I can't help myself. Check this out.
"A term sheet is the fundamental agreement on the terms of the venture capital transaction and provides, noted Fromm, a kind of roadmap for the VC deal. Term sheets tend to be comprehensive and generally lead inevitably to a closing.
been reading alot about VC investing. we should look for a new member to the board, that would be a good sign as it would indicate higher negotiations or even a closing.
Volume exceeded 22-day average by over 10.0% Volume: 56200.00 at 15:59:09 EST Price when alert was set: 0.18 on 04/08/08 12:05:47 EST MYRIAD ENTERTAINMENT & RESORTS INC (MYRA)