Thursday, November 23, 2017 10:38:29 AM
As a result of the transaction with Plandaí, the shareholders of Plandaí became the control entity, having voting and conversion rights equal to 75%. While Plandaí is a legal subsidiary of the Company, Plandaí elected to become the successor issuer to the Company for accounting and reporting purposes.
The company being TXTM
Clear as mud, right?
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