Artificial Intelligence Technology Solutions Inc (AITX)

[rayinbrooklyn65]

OMVS: NOT A SCAM. The merger with RAD was executed on time as promised. The company is working on BIG THINGS to drive revenue and add shareholder value.

Again, I state: read the news of the merger IN BLACK AND WHITE in the FORM 8K PUBLISHED YESTERDAY.

FACT, NOT FICTION, HYPERBOLE OR CONSPIRACY THEORIES.

Current Report Filing (8-k)
Date : 08/31/2017 @ 9:01AM
Source : Edgar (US Regulatory)
Stock : On The Move Systems Corp. (PC) (OMVS)

Item 2.01 Completion of Acquisition or Disposition of Assets.

On August 28, 2017, (the “Closing Date”) On the Move Systems Corp. (“OMVS” or the “Registrant”) completed the acquisition of Robotic Assistance Devices, Inc. (“RAD”), a corporation formed pursuant to the laws of the State of Nevada, whereby it acquired all the ownership and equity interest in RAD (“RAD Equity”), which RAD Equity is held by RAD’s sole director, shareholder and CEO, Steve Reinharz (“SR”) (the “Acquisition”).

The terms of the Acquisition are as follows:

(i) In consideration for the whole of the RAD Equity, OMVS issued to SR:

(ii) 3,350,000 shares of its Series E Preferred Stock; and

(iii) 2,450 shares of its Series F Preferred Stock.