Emergent Health Corp (EMGE)

[trader59]

The document I posted was the share exchange agreement between KOAN and EMGE, attached to a KOAN 8K. It gives all the details on the agreement between the two companies, how the preferred shareholders of EMGE get preferred stock of KOAN, with no mention of the common stock of EMGE except on that page 26 that states the RS is still pending. It is the agreement referred to on the March 15 PR, and that PR did not change the agreement.
The RS of EMGE stock was approved by the shareholders in August and specified by the board in September and remains pending with FINRA. It was included in their latest financial report and in the share exchange agreement. The company itself says it remains pending, like it or not.
EMGE is now a subsidiary of KOAN, KOAN owns those preferred shares of EMGE that were exchanged in the agreement. They convert into roughly a billion shares of EMGE common stock, making KOAN the majority shareholder, and that majority will be larger once the RS is finalized. All this crap you see about the other subsidiaries has absolutely nothing to do with EMGE, the only thing the shareholders own is whatever EMGE does, you don't hold equity in any other piece of the parent company.