Thank you MARCO POLO III for your post and questio
Post# of 2009
Posted On: 10/27/2014 3:27:12 PM
Quote:
Thank you MARCO POLO III for your post and questions in Post #1 above.
We have replicated your post below:
What exactly is an "arm's length 3rd party"???
Question #1: What exactly is an "arm's length 3rd party"???
Response #1: A transaction in which the party and counterparty act independently and have no relationship to each other. The concept of an arm's length transaction is to ensure that both parties in the deal are acting in their own self interest and are not subject to any pressure or duress from the other party.
We thank you for your interest, support and faith in the Company.
Respectfully,
Xun Energy, Inc.
Jerry G. Mikolajczyk
President and CEO
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