(Total Views: 288)
Posted On: 04/08/2017 10:50:22 AM
Post# of 43066
Re: Commando911 #35249
as i presume you've read .. what was noted in the K was the following:
my expectation is with the MOU converting to the DA .. the BoD gets seated
4kids
Quote:
Our 2017 P2O sales and marketing program are expected to include direct sales as well as new partnerships. To that end, we made the decision in early 2016 not to further extend our agreement with EcoNavigation LLC as their firm has been unable to conclude processor sales on acceptable terms. The 2016 initiative started with P2O in discussion with Southern U.S. technology company regarding potential licensing of the Company’s technology and potential customer for up to six processors. The discussion has moved from an executed MOU to the drafting of the definitive agreement. This could lead to purchase of two processors in 2017, although there can be no assurance as negotiations remain ongoing.
my expectation is with the MOU converting to the DA .. the BoD gets seated
4kids
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