Background to Rossi's deal with Cherokee/IH
Engineer48 writes:
"Interesting sequence of events.
IH was formed 24 October, 2012.
Rossi visits Cherokee on 26 October to ink the deal with Cherokee that
he and Darden had hammered out.
Rossi negotiates with Darden / Cherokee and expects to sign the License
Agreement with Cherokee. But unknown to Rossi, IH was created by Darden
2 days before the signing and when Rossi arrives at Cherokee to ink the
deal, guess what, he is told by Darden that he now must ink a deal with
a totally new clean skin startup, IH, which did not exist 3 days prior.
Obviously from the complaint, Rossi never negotiated with nor knew about
IH prior to Darden springing it on a unsuspecting and obviously excited
Rossi. Well excited until the switcheroo was pulled."