OTC IPOs, Mergers & Other Material Events

[Big Brother]

CRCW: People falsely posting on the RMRK board that The Crypto Company is going to be merging into it, that is just not the case.

CRCW = The Crypto Company

The merger has already taken place and has been finalized, it appears to me that they are just awaiting the name/symbol change and then we will see the official IPO of The Crypto Company.

On June 7, 2017 (the “Transaction Date”), as a result of the Stock Sale, the Stock Dividend and the Share Exchange, each as hereinafter described, (i) The Crypto Company, a Nevada corporation (“Crypto”), became a wholly owned subsidiary of Croe; (ii) all of the former shareholders of Crypto became shareholders of Croe, on a pro-rata basis; and (iii) the operations of Croe solely consisted of the operations of Crypto.

The Transaction was treated as a reverse acquisition of Croe, and Crypto is treated as the acquirer, for financial accounting and reporting purposes, while Croe is treated as the acquired entity. As of the effective date of the Transaction, the acquired entity had no liabilities or obligations.