True. Some don't understand term "legal" and keep saying Zenergy did a merger. Seems clear to everybody else.... "From a legal point of view, the target company ceases to exist"....That is fine though. I try to help people out as best I can.
Distinction between Mergers and Acquisitions...
From a legal point of view, the target company ceases to exist, the buyer "swallows" the business and the buyer's stock continues to be traded."
From the PR...
June 23, 2009 10:01 AM Paradigm Tactical Products, Inc. Completes Reverse Acquisition of Zenergy International, Inc. Spearheaded by Robert Luiten Distinguished Chemical Commodity Executive - Marketwire