Artificial Intelligence Technology Solutions Inc (AITX)

[hestheman]

For those that do not quite know exactly how a reverse merger works http://www.legalandcompliance.com/reverse-mergers/ as you will read in this link, generally the first step in a reverse merger is a letter of intent. The reason this stock has not ran on the news of the letter of intent, is because many times pink sheet companies issue press releases with non-binding letters of intent to do different things, perhaps acquiring a company or reducing share structure etc. and many times those non binding letters of intent end up not being worth the paper they are printed on. What we have here with OMVS is a binding letter of intent, in which there are some binding aspects of these merger contracts, which would most likely financially hurt the owner OMVS or of RAD should either try to back out....or result in legal actions. You very rarely see a binding LOI unless the reverse merger is legit and ready to close. We have around 90 days. The PPS will most likely fluctuate so I do not keep my eyes on it every minute. You have to wonder about the motives of some that may state they do not own shares but are keeping an eye on the PPS EVERY SECOND. They know we have 90 days before we get the actual confirmation of closing. It's sad that some do not have the trading skill to be in on a play at the bottom so they try to cheat others and talk smack about a stock to bring PPS down so they, themselves can buy. I have been doing this a long time and I have never needed to do that.