If nobody is willing to buy the stock, and the selling continues, the stock goes down down down, all the way to .0001â¦ and then, when nobody is willing to buy, not even at .0001, the bid disappears. These are âno-bidâ stocks, and typically their asking price, or offer, then becomes .0001.
Developers and builders must post a Notice of Intention to Register a Condominium in a construction trade newspaper five to 15 days prior to sending the package description to the municipality where the condo is located.
#11: Letter of intent: Often referred to as a LOI, a letter of intent to lease a commercial office space is a written document that solidifies the tenantâs commitment to rent the space. This comes before signing the lease agreement and typically summarizes the terms of the lease including the negotiations, concessions, and timeframes agreed to.