HOUSTON, TX, April 6, 2017 / -- ONCOLIX, INC., announced today it has finalized the purchase of a control stockholder’s interest in a public entity (Advanced Environmental Petroleum Producers, Inc. ("AEPP")). This public vehicle is now a partially-owned affiliate of Oncolix, Inc. Currently a private Delaware corporation, Oncolix is evaluating options that will allow its stock to be publicly traded.
Oncolix owns AEPP and “Its stock” is AEPP.
On June 6th it was 60 days since the Stock Purchase Agreement (aka SPA 8-K). On June 6th it was 90 days since the “Common Stock Agreement” that mentioned a reverse split.
Waiting for the reverse merger to be officially announced. It's only a matter of time!!!!!!!!! The merge will occur without a reverse split!!!!!!!