Elvictor Group Inc. (ELVG)

[Big Brother]

To me it sounds like it will not necessarily be Elvictor Group(Greece) the company coming in, but their contracts, with shipping companies or shipbuilders to man their vessels themselves.

I've never seen a deal structured like this, about the closest thing was one where the public US company was the beneficial owner of distributed profits from the private foreign company, with the same name...but US entity, did not actually have any control over the foreign entity. There was no merger or acquisition of the private company.

As long as these contracts are not just assets or considered 'investments', and the public company derives revenue from them, then the big boards could still be on the table.

Hopefully fillings will eventually explain this in more detail.