SGOELLER......all of this second hand info. your passing along is nice but with SEVERAL types of non disclosure ways of doing business and since you didn't happen to mention which one SG is involved in, basically no one knows any more than before your private discussion and I am now confused as to why you even threw any of this out there.
Other types of NDAs......
A precedent confidentiality agreement is used for mergers and acquisitions. If a company wants to buy your business, it will want to look at your books and assets. As of SG's lsat PR, he didn't have a full quarters data yet.
An NDA can provide an element of protection for your confidential information and trade secrets if the prospective buyer pulls out of the deal.
If you don't know exactly what information you will need to disclose during a commercial relationship, you can still use an NDA. It is a good idea to classify as confidential any information that will be disclosed later, so that the NDA still applies.
One-way and two-way NDAs
A one-way NDA is used when only one business is sharing information and the other agrees to keep it confidential.
A two-way NDA is used when both businesses are sharing confidential information with each other and want to be sure that neither will disclose their trade secrets.
That being said and knowing Scott G.'s previous track record of getting things completed on time along with his bedside manor of dangling the old carrot for investors from time to time, IMHO.......2nd week of Aug. is still most investors " drop dead date " with SEEK for financial visibility.
SG has made the statements in recent weeks of what was going on and all investors are well aware of his intent. Now all of a sudden, you have a 10 min. phone call with SG and it appears an about face is taking place in the " business plan ", marketing strategy, and a ton of other business related issues.
Seriously do not think that will be going over well with the majority of investors. Also, their was not 1 word mentioned of this in the last CC he had and things such as this are not done overnight as it appears is conveniently happenig here.
He better be hitting everyone with a PR, fully explaining any and all actions he has eluded to in the last 6+ months. By you referencing a " non disclosure " by SG to investors is just an evasive way of saying previous statements possibly are NOT going to be getting completed or that the playing field has now magically changed somehow.
Investors need to know as I for one am using OTCMarkets as a guidepost for the release of financials and not SG talking via phone to a message board member about dates that are out of his control. SG should be very versed on dates and times info. and numbers are due for OTCMarkets.
Now would NOT be a good time for SG to lose all " credibility " with the shareholders, creditors and the investment community would it??
The clock is tickin for SG and SEEK.
JMHO!!
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