That is a very fancy way of saying - "Although they promised us it would be signed... they have delayed and stalled again, and we are going another month or 2 without it being signed."
A board meeting to ask questions that should have been asked months ago.
Informing Directors that were already meant to have been informed by 1 of their own.
Let's see how much money ECT come asking for in the Cap Raise that is surely to come.
But hey, the Directors are surely getting their Salary, and their bonuses, and I am sure they will be suggesting they get some more very sweet "performance options" for achieving something that should have been finalized 6 months ago.
And us retail investors are the poor schmucks
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