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| Media Name | File Type | Date | Description | |
| Adilas- IBC LOI 11-10-17.docx | Doc/PDF | 11/13/2017 | IBC Document for Canada | |
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Notes:
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On a GoToMeeting session with Steve. The two of us chatted and talked about some options for the Canada license stuff with Integrated Brands. We tried to structure the letter of intent (LOI) to have more of a flavor a software license vs. purchasing anything. We thought that purchasing sounds more like ownership vs. being extended a license to sell or operate a tool like MS Excel or Adobe Photoshop. We wanted to structure things more around the existing tool and what we services we provide vs. the actual code. I think Steve made some great changes to the letter of intent and then sent it back to them. We also put in some clauses to basically create a retainer of 10K for a limited time period to see how the project progresses. See attached for a number of photo/scans and files dealing with the letter of intent. As a side note, Steve and I got a number of suggestions from both Calvin Chipman (internal developer and programmer and project manager) as well as Alan Williams (internal developer and programmer and project manager). Both had some good insights. The rest of the session was spent back on our individual projects, doing email, tech support stuff, and other general tasks. I was able to get some work done on the my cart favorite buttons and using subs in that area. Making progress all around the board. |