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Re: None

Wednesday, 06/20/2018 8:02:26 PM

Wednesday, June 20, 2018 8:02:26 PM

Post# of 79858
My take...

FYI, John may have been sick. read the Comments on his partners pic.
https://www.facebook.com/photo.php?fbid=10214469732491381&set=a.2154178188293.2113561.1661600892&type=3&theater


Important to remember the white paper is a document the their legal team has cleared. This shows not only has PlutusX done an amazing amount of work putting in the time to create this, but it legitimizes what they are doing. You don't put this much effort into a White paper AND have it looked through by legal without already having your stuff together.... It's a big deal. Also a few things in there we didn't know about until now

Here are my final thoughts on ADTM and PlutusX. I know most have reported Angel saying they are 2 separate entities. I agree that they are separate. The part that makes whatever PlutusX does affect ADTM is that "Under the terms of the agreement, The Perfect Circle and PlutusX will form a separate subsidiary to be wholly-owned by The Perfect Circle that will focus on the development of a blockchain-enabled full-service banking platform that will include a number of new and innovative products that will include, but not be limited to, cryptocurrencies, insurance, credit cards, savings and loans and wealth management."


ADTM + PlutusX = The Perfect Circle

Only pieces left are getting current by ADTM
Sell off last of Dilutive share for LAM
Name and ticker change
Announcement of the Acquisition for the wholly-owned PlutusX under The Perfect Circle umbrella therefore making PlutusX's finances a part of "ADTM's" Market Cap!


Important things to understand:
https://www.investopedia.com/ask/answers/032615/what-difference-between-subsidiary-and-wholly-owned-subsidiary.asp
http://guides.ll.georgetown.edu/companyresearch/company-status
https://www.investopedia.com/ask/answers/06/subsidiarycbsheet.asp
https://www.investopedia.com/terms/c/consolidatedfinancialstatement.asp

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