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Microcap & Penny Stocks : US Modular; Memory Manufacturer
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To: thescot who wrote (13)2/14/2007 6:20:35 AM
From: M0NEYMADE  Read Replies (1) of 17
 
On the otherhand, both parties have been trying to hammer out an agreement for 1yr. so I doubt seriously US MODULAR is going to just give up, walk away and look for a new candidate. Hell that might take ANOTHER YEAR! LOL So i think they will follow-through.

Lastly, in the event of a breach i will typically see companies enclose a rider into the agreement such as "If breach of any of the representations and warranties or covenants of Registrant is not cured within thirty days of written notice and upon completion of due diligence should the parties fail to resolve existing liabilities to the satisfaction of the parties...." such breach could result in damages or loss of monies the registrant may have placed earnest. This is all just MHO.
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