Artificial Intelligence Technology Solutions Inc (AITX)

[hestheman]

A reverse merger is also often referred to as a reverse acquisition. They are the same thing. In all reverse mergers the smaller operating company or shell, is referred to as the acquirer for accounting purposes http://www.thetaxadviser.com/issues/2011/jul/clinic-story-01.html that is how they structure the deal, with the smaller company "acquiring" the larger company. With OMVS, there is no "current biz".....it is simply a vehicle RAD is using to go public. When the deal closes, RAD is the publically traded company we all own shares in and OMVS ceases to exist. Hope this helps.