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so in todays video were going to talk about letters of intent so hi my name is kim brandon im ceo of a company called quantum contract solutions and quantum legal stations if you havent heard of us weve won lots of awards from telstra best of business for innovation for outstanding growth ceo magazine 40 under 40 and the reason we make these videos is there so many construction companies out there that are losing money theyre getting bullied by bigger construction companies and developers and the government even at times oil and gas company mining companies and we dont want you to be one of them we want you to be professional we want you to push back we want to protect your bottom line stop you losing money and ultimately keep you in business over the long term all right lets get into it so ive had a conversation or a couple of these conversations about letters of intent and to be honest a letter of intent is not worth the paper its written on i would assume a letter of inte