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Re: Quaye post# 58250

Thursday, 03/23/2017 9:54:23 AM

Thursday, March 23, 2017 9:54:23 AM

Post# of 156688
FIRST - I was quite aware it was the old Company
name of Roadship when the merger occurred.
Roadships/Tautachrome is the same Company.

SECOND - it most certainly was a merger.
Read the following excerpt from the 10-Q.
It states the Acquisition was a Merger/RM.


" Acquisition of Click Evidence, Inc.

On May 21, 2015, we acquired all the issued
and outstanding shares of
Click Evidence, Inc. (“Click”), an emerging
growth company existing under the laws of
the State of Arizona that has developed and
owns a patent pending trustable imaging
technology for smartphones. Under the
terms of the Acquisition, we issued
1,796,571,209 shares of our common stock
from treasury in exchange for 14,239,705 shares
of Click common stock. As a result of the
Acquisition, Click has become a wholly-owned
subsidiary of the Registrant..........


..... As a result of the issuance of the Roadships
shares, Dr. Jon N. Leonard, the President,
Chief Executive Officer and a director of Click,
has acquired sole voting and investment control
over 1,387,829,545 shares of Roadships’
common stock, representing 46.4% voting control
of the Registrant. At the time of the Acquisition,
Dr. Leonard directly owned 10,000,000 Click
Shares and had sole voting and investment
control over a further 1,000,000 Click Shares.


We deemed the transaction a reverse merger
and recorded no goodwill.

Upon merging the two companies, we closed
all historical operating results prior to the reverse
merger date of May 21, 2015 of Roadships and
consolidated subsidiaries to Additional Paid in
Capital. Operating results and cash flows and
historical equity presented in this report and
subsequent reports will be that of Click Evidence, Inc. "




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