InvestorsHub Logo
Followers 40
Posts 1751
Boards Moderated 0
Alias Born 05/11/2009

Re: None

Wednesday, 03/17/2021 2:17:17 PM

Wednesday, March 17, 2021 2:17:17 PM

Post# of 3251
Latest Update February 16, 2021:
NXMR – Has reached an agreement in principle with new management who will also be the new preferred shareholders (Control Block)

To all NXMR shareholders
THE BOARD OF DIRECTORS ADSV wants to use this opportunity to thank all of our shareholders for their loyal following and to provide an update on all the NXMR corporate affairs and matters.

Firstly we would like to address the authorized share structure and the Delaware filings.

Other than updating the Delaware officer’s names and updating control block holders there are no plans for any reverse splits of the common shares.

The company is current with the State of Delaware

New additional State filings will follow shortly.

OTC Filings and company getting current shortly thereafter.

There are other debts to service providers and others that will be resolved. The end result is that ADSV will continue post-merger as a debt-free entity.

Prior to the merger actually taking place all the financials must be brought current with OTC markets. This company has been operating on the skeleton staff for a number of years. The financials are ready to be filed up to the year 2021.

ABOUT THE MERGER CO

The incoming merger company is an international trading company with strong ties to the USA

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.

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.

Our aim is to have everything completed by end of Q1 or early Q2

Approved

NXMR Board of directors.