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FYI.
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Letters of Intent. LOI's. They literally mean nothing. It is the favorite term used exclusively by Pump and Dump scam stocks on the NYSE and the entire United States stock market.
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LOI's are an easy way for the traded company to keep the hype up without actually having to get into any legalities from the government.
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That's why the term LOI is used heavily in Wall Street scams.
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Stay informed fellow humans..