Dear all, Understanding NDA’s is important. U
Post# of 82690
(Total Views: 334)
Posted On: 11/13/2017 10:31:50 PM
Dear all,
Understanding NDA’s is important. Understand a material change to the company is another. I think that the shareholders should get assurances via a news release that we won our lawsuit with Entrust. If we think that it was better to keep it private and confidential to not embarrass our defendants because of reoccurring revenue, then what was the purpose of suing them! That being said It can be worded gracefully that a partnership and or reoccurring revenue is going to take place in the future, that being said we are being questioned on the legitimacy of the company and i feel its time to put the Nay sayers to bed by telling it like it is! Signing another NDA with no facts does what for the company? Nothing to shareholder value! It creates the sense of hiding information when in reality the company should report the material change as a news release and In my opinion needs to be done. I think that is what is required and needs to be done. I also think it goes against the reporting requirements if a settlement or loss of any kind has taken place just as we reported we lost a vendor on HSN and revenue led to that news event. So all in the know should be asking SFOR for a public Statement now if we did settle with Entrust positivly or negatively. IMO
Understanding NDA’s is important. Understand a material change to the company is another. I think that the shareholders should get assurances via a news release that we won our lawsuit with Entrust. If we think that it was better to keep it private and confidential to not embarrass our defendants because of reoccurring revenue, then what was the purpose of suing them! That being said It can be worded gracefully that a partnership and or reoccurring revenue is going to take place in the future, that being said we are being questioned on the legitimacy of the company and i feel its time to put the Nay sayers to bed by telling it like it is! Signing another NDA with no facts does what for the company? Nothing to shareholder value! It creates the sense of hiding information when in reality the company should report the material change as a news release and In my opinion needs to be done. I think that is what is required and needs to be done. I also think it goes against the reporting requirements if a settlement or loss of any kind has taken place just as we reported we lost a vendor on HSN and revenue led to that news event. So all in the know should be asking SFOR for a public Statement now if we did settle with Entrust positivly or negatively. IMO
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