Replies to post #56969 on Mike Lindell Media Corp (MLMC)

[firefight4]

Numanoid, YOU ARE FLAT OUT WRONG! Dec. 16th! whether we get a pr or not! It is fact written in an SEC filing! Circuit City must give 30 days notice PRIOR to Jan 15th. Thats Dec 16th. Will we get a pr or see a filing on that day? Who knows? we might not hear anything from either party. But the fact remains, CC has to give 30 days notice if it wishes to cancel......

from an earlier post of mine...
It looks like some of the posters here were correct with regards to the Dec 16th date. According to this section of the GZFX's 8K filed with the SEC it appears that Circuit City must give 30 days notice prior to the end of the pilot program which ends Jan. 15th. If not, the national rollout with Circuit City will go forward as agreed upon by both parties.....

G. Term; Termination. The term of this Agreement shall commence on the Effective Date and continue through the Pilot Program (i.e. January 2006), and thereafter for a period of at least 12 months, unless, prior to the end of the Pilot Program and with at least 30 days notice, Circuit City has given GNF notice that it is not going to go through with the National Rollout. Either Party may terminate this Agreement with cause, effective immediately upon providing 10
(10) days notice to the other Party and if the other Party fails to remedy the breach within five (5) days of such notice, upon any of the following: (i) if either Party, or its agents or contractors, is in material breach of this Agreement ; or (ii) in the event that (a) either Party becomes insolvent, enters into receivership, is the subject of a voluntary or involuntary bankruptcy proceeding, or makes an assignment for the benefit of creditors; or (b) a substantial part of either Party's property is or becomes subject to any levy, seizure, assignment or sale for or by any creditor or governmental agency. Upon termination or expiration: (i) GNF shall continue to provide Services to Circuit City Customers who subscribed to the Service(s) prior to termination of this Agreement; (ii) both Parties shall pay the respective sums due to the other Party pursuant to this Agreement as part of the final winding up under the Agreement, if it is in fact wound up; and (iii) both Parties shall provide reasonable transition if and when the Agreement is terminated.

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001094328%2D05%2D000215%2Etxt&FilePath....

[Sentinel]

[kingfisher1]

Why... Would CC want to do that? It is money in their coffers to keep the deal in place.

king

[Chicagostock]

Numanoid where do you get Jan 10 from?


"3. Term of the Pilot Program. It is the intentions of the Parties that the Pilot Program shall commence on or about November 1, 2005, extend through the holiday season, and terminate on or about January 15, 2006. Thereafter, unless 30 days notice is given to the contrary, the national program will commence under the same terms and conditions contained herein and will be implemented on a phased-in basis over the following 12 months in all of the Retail Stores. It is anticipated that approximately 55 Circuit City stores, per month, will be added on the national rollout portion of the Agreement."


http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001094328%252D05...