AimRite Holdings Corp (AIMH)

[Justjoe1979]

A PR with some good info.

https://lgads.tv/press_release/alphonso-begins-transformation-for-expanded-growth/

An article about the merger

https://www.adexchanger.com/tv-2/lg-just-ousted-the-ceo-and-executive-chairman-of-its-ad-tech-division-alphonso/

Despite LG’s majority control of Alphonso, the deal was arranged so that Alphonso had the option to take itself public within five years as of January 2021. If that were to happen, LG would get the equity but lose out on future profits unless it was willing to shell out a premium to increase its stake or buy the rest of Alphonso outright.

Without the exact wording in the agreement, perhaps the taking itself public was only via IPO and a reverse merger would leave LG with more control. Perhaps LG will buy more shares anyway so they control it even going public. +

Also wouldn't be hard to believe $AIMH wouldt be able to quickly move up tiers to OTCQX or even up list to NASDAQ or NYSE with in a year.

All speculation, but very exciting