Viva Entertainment Group Inc (OTTV)

[JG305]

A joint venture is not a merger and has nothing to do with Viva's increase in A/S or Outstanding Shares. Viva is allegedly involved in a JV with Oi2.

Merger vs Joint Venture

• A merger occurs when two firms, usually equal in size decide to continue business as a single firm rather than being owned and operate as separate entities.

• In a joint venture, the two companies will separately exist on their own, and a new separate entity may be formed for the particular division or new business venture.

This is basic corporate finance.