Fullmoonfever
Top 20
@Fact FinderHi All
Yesterday I put as a matter of logic and reasoned analysis that there was an NDA in place with Mercedes Benz largely on terms dictated by Mercedes Benz.
This seemed to me the only possible explanation however there was not universal acceptance of this so rather than continue I emailed the company and have received the following reply from the Chief Financial Officer Mr. Ken Scarince:
“Hi Fact Finder
We do indeed have a very restrictive NDA in place with Mercedes. Obviously the market is aware that we have provided them with the Akida technology since they announced it, however we are not permitted to comment on it at all. So you are correct!
It is OK to share our acknowledgement of the existence of the NDA.
Ken”
I do not expect that everyone will acknowledge the legitimacy of this so if so inclined an email to Tony Dawe will provide the additional assurance you require.
Regards
FF
AKIDA BALLISTA
Nice work & thanks for confirming.
Great the CFO took the time to clarify as I would have expected our IR Mgr would have just done it.
Given you and I were the ones primarily discussing, a tag so I didn't miss the confirmation would have been appreciated.
Thankfully, had 5 mins and was slimming through threads and saw it.
Personally, still a bit disappointed that when it first arose, the company apparently only gave vague comments of, we can't discuss it, rather than just be clear and confirm the NDA existence.
This topic would then not have even arisen.
With no formal announcement as yet of a LOI, MOU, Contract or similar with MB I guess we wait till that day it's released to mkt to confirm when proceeding.
Cheers