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Re: KingOfEdgar post# 38958

Thursday, 11/30/2017 10:53:38 AM

Thursday, November 30, 2017 10:53:38 AM

Post# of 61495
LMAO, Allow me to "educate and enlighten".....because seriously, this is where a basic understanding and comprehension of a reverse merger and how the process works is necessary. http://www.reverse-merger.com/tag/reverse-merger/ In a reverse merger process, the private operating company shareholders exchange their shares of the private company for either new or existing shares of the public company so at the end of the transaction, the shareholders of the private operating company own a majority of the public company and the private operating company has become a wholly owned subsidiary of the public company. The public company assumes the operations of the private operating company. At the closing, the private operating company has gone public by acquiring controlling interest in a public company and having the public company assume operations of the operating entity. I think most can probably understand this pretty easily, especially if one goes back and reads the Super 8K and the details of the share exchange agreement. In Laymans terms.... RAD and OMVS are one in the same. They are not two different investments. That is beyond ridiculous. The tail does not wag the dog, but the tail is not separate from the dog. At some point, we will see a ticker change. I have been through many reverse mergers....so this kind of jargon only amuses me.
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