Monday, January 09, 2012 2:21:12 PM
http://en.wikipedia.org/wiki/Reverse_takeover
In short, Reverse Merger or Takeover is a union of a Private Company and a Public Company with the Private company taking over the control of the Public Company. That is why it is called Reverse Merger or Takeover.
Now, let us take back to the Reverse Merger of Hydra and Ivoice Innovations.
Hydra is the Private Company that takes control of the Hydra-Ivoice Innovations . ARC is the Controlling Shareholder of Hydra. Ivoice is the minority stakeholder of Hydra-Ivoice Innovations. All companies are winners, ARC, Hydra and Ivoice.
Cheers
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