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Alias Born | 03/10/2009 |
Wednesday, December 04, 2019 4:13:13 PM
The incoming merger company is engaged in real estate type businesses. On the ADSV website, displayed the topography or aerial picture of a 70 million dollar real estate redevelopment site plan.
We have also been made aware that this company also holds millions of dollars in assets (stock options etc) in fast food chains such as McDonald’s.
The merger company does not have an agent which represents its interests. Their board members are highly educated in finance and considered sophisticated investors.
They see value in OTC. Companies such as FTWS and ADSV may amalgamate although this is still in the works and discussions. These companies because of their previous operations and tax losses have a significant value to high income-producing companies. Other hidden assets or assets we as retail shareholders can not materialize upon such as corporate jet ownership, debt swaps and derivatives, key management of those companies all add value to the buyer’s aspirations.
We have been advised that the majority of their monies were made in real estate however the conversations always lead back to fast food chains trading and upside potential in the OTC market space.
We also Acknowledge many shareholders asking for details and timelines. At this point, this is the most we can share with our followers.
The situation is very fluid and there are many moving parts in this transaction. Our intention was to release this update yesterday afternoon to say that the proposal was forwarded to the incoming merger company board of directors.
However, as we were preparing to do so, we received notification that the merger company would like us to go to escrow to finalize the transaction.
We will keep our shareholders advised as the events crystallize further. We ask that the shareholders respect the management work and allow us to bring this transaction to fruition without let or hindrance and without shareholder interference.
Approved
Adsv Board of directors.
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