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Re: inverse post# 10090

Friday, 08/19/2016 1:33:26 PM

Friday, August 19, 2016 1:33:26 PM

Post# of 11889
Delaware defines an interested stockholder as an entity which either directly or indirectly owns 15% or more of the issued and outstanding voting shares of a company's stock. Since WV presently owns 16.8% of the O/S, all Gino has to do is issue some more shares (which NXTD plans to do according to their filings), and presto! Reverse merger becomes legal under Delaware law.
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