Wednesday, August 26, 2015

A “binding term sheet” is not a binding agreement.

A "binding term sheet" is not a binding agreement.The publication of the term sheet is only a stage in the preparation for the actual agreement

A term sheet contains the binding details that are agreed in advance of further negotiations over whether or not to actually proceed with a deal under those terms. These terms do not bind either side to actually sign the agreement, which happens at a later stage.

Arul Kanda went on TV this month to say IPIC agreement was a "signed" "guarantee"
Basically what it meant is THAT 1MDB IS NOW TOTALLY SCREWED DUE TO THE FALL IN RINGGIT AND LOST OF CONTACT WITH THE 'ARAB FAMILY.'

RED MOON PREDICTED WHEN RINGGIT FALLS TO RM4.30 AGAINST US$1 DISASTER WILL STRIKE.

SO WITH BERSIH4 JUST ROUND THE CORNER AND NOW THE SWISS AND ARAB TAKING ACTION AGAINST 1MDB AND ONE UNKNOWN PERSON WHICH YOU AND I KNOW WHO, WE ARE GOING INTO THE WORST DISASTER KNOWN TO MALAYSIA.

THANK YOU UMNO.
THANK YOU BN.
THANK YOU MAHATHIR.
THANK YOU NAJIS AND ROSMAH.


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Selamat Hari Raya Aidilfitri

MY WISH THAT ALL MUSLIM WILL DO THIS FROM TODAY ONWARDS. WE SHALL PRAY THAT NAJIB RAZAK, ROSMAH MANSOR, IGP KHALID AND HIS FAMILY MEMBERS ...