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  4. Digital Uts Ventures (DUTV) Message Board

legitimacy JNAP/Torq/ITU Protocol/Fiber Loops/Sat

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Post# of 17653
Posted On: 09/09/2013 1:13:45 PM
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Posted By: chessmite

legitimacy


JNAP/Torq/ITU Protocol/Fiber Loops/Satellites/Wi-FI.......DUTV project scope seems extensive


"However, if a company enters into a non-binding letter of intent or memorandum of understanding that also contains some binding, but non-material elements, such as a confidentiality agreement or a no-shop agreement, the letter or memorandum
does not need to be filed because the binding provisions are not material."


.......seems to be a pretty good sized window to work with on the QT.


The Filing seems to be a form of consilidation and validates legitimacy, while also implying a further delay.  Unless news is released, I would expect tweets in regards to satellites or some such next, (my opinion only).
We may not like the delay, (I don't), but w/o dilution of shares, filings up to date, and latest filing, I think there is a credible platform being established for going forward.


Still on Hold here.



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