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open letter to kevin moriarty, page-40

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ChippyDude

7,114 Posts.

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31/12/18

17:36

Post #: 36992999
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Originally posted by High returns ↑

Chippydude, with the greatest of respect your comment suggests you have never used an MOU, that is only one aspect of its use. It can be used as a preliminary to a larger deal, a commitment to move subject to certain conditions as part of a sale, partnerships ( the ones 1414 says they will have overseas). Trust me I have done dozens.

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in regards to your second comment that is literally a gamble. No company that’s public should rest on its laurels in the belief the customers will come. Many companies with great solutions have igone bankrupt with that mindset.

i know for a fact that a few large companies walked away in the last two years from 1414. Never found out why. The risk you run without locking in potential sales is that the customer goes somewhere else.

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The companies would have just backed off waiting for 1414 to be ready to handle their needs and scale.

1414 obviously needed to do the IPO first to establish itself and build its size to handle the requirements of these Companies.

The World is a Big place and there is almost infinite need for the 1414 type solutions.

14D Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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