Replies to post #6772 on Genie Gateway (fka GGWY)

[smeister]

This merger is not going to close right away IMO. Lots of ducks to get in a row first. Read this and then Article 9 in the 8k.
ARTICLE 1
THE EXCHANGE 1.1. The Exchange. Upon the terms and subject to the conditions set forth in this Agreement, and in accordance with the NRS, one hundred percent (100%) of the stock of Gateway shall be transferred to WWAG, and the separate corporate existence of Gateway shall thereafter continue as a wholly owned subsidiary of WWAG. 1.2. Closing. Upon the terms and subject to the conditions set forth herein and unless this Agreement has been terminated pursuant to its terms, the closing of the transaction (the “Closing”) shall take place at the Law Offices of Michael H. Singer, located at 4475 S. Pecos Road, Las Vegas, Nevada 89121, at the date and time, on or before five (5) Business Days from the date on which the conditions to Closing set forth in Article 9 of this Agreement shall have been satisfied or, to the extent permitted hereunder, waived by the appropriate party (other than those conditions that by their nature are to be satisfied at the Closing, but subject to the satisfaction or, to the extent permitted hereunder, waiver of all such conditions) or at such other time, date or location as the parties hereto agree. The date on which the Closing actually occurs and the transactions contemplated hereby become effective is hereinafter referred to as the “Closing Date.” At the time of the Closing, AllCom and WWAG shall deliver the certificates and other documents and instruments required to be delivered hereunder.

[Summitgains]

They have 5 days to complete it After all of the conditions in article 9 have been completed. I would expect it very soon.