History shows that almost every announcement made by DM the last two years had fallen over. They have been written in a way to mislead people into thinking deals had happened. This is absolutely the same. The first bullet point says the contract has been executed. “Hurray” everything thinks. Let’s invest tomorrow. Wait! It’s not agreed though is it!? It’s subject to Buddy/Lifx meeting certain conditions. But f it. We won’t tell the market what those are and given our track record we’ll likely not meet them. Go look up the definition of fraud.
BUD Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held