Originally Posted by WireSix-Ryan

See through what bullshit? They made this thread because they had completed an LOI or letter of intent to purchase. This is standard in business with the purchase of entities, properties, etc. It basically lays out the terms of the purchase that will go into the final contract / agreement and you can begin your due-diligence period under the LOI before completing the actual purcahse. LOI's are non-binding.