Viva Entertainment Group Inc (OTTV)

[atpsylee]

“Under the agreement, the two Companies have formed a special purpose Company called "Oi2 TV, LLC" with Oi2 owning 51% and Viva owning 49%. The purpose of the venture is for both Companies to collaboratively engage in the marketing, sales and distribution of next generation IPTV subscriptions to Oi2 Media Corp subscribers”

Either an acquisition or merge. If they formed a company together and called it Oi2 plus Oi2 has majority ownership, I’d say Oi2 will acquire Viva. Although the second part of this sounds like a merge bc they’re talking about collaboratively engaging in etc.

It’s hard to figure but either way we win. The sooner Oi2 goes public the sooner we hit pennies.