DarkPulse Inc (DPLS): A merger subsidiary is a pretty standard...

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TenKay

Re: PNKBULLSHT post# 362

Saturday, 05/19/2018 4:04:17 PM

Saturday, May 19, 2018 4:04:17 PM

A merger subsidiary is a pretty standard thing for the pubco to set up to facilitate the RM. It bypasses the need for a shareholder vote on the acquistion since the sub is wholly owned by the pubco.

It will disappear after the RM is completed.

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