This is an interesting development indeed! Crypto SUB Inc. IS owned by The Crypro Company so I have to start wondering if $CRCW has lost interest in $RMRK do to the delays? Maybe they will still pursue the acquisition of $RMRK ...eventually? In light of this info we may drop through 4's. We bounced back to 5's like I figured we would but this will shake the confidence and try the patience of holders out there.
Nov. 20, 2017 (GLOBE NEWSWIRE) -- Infrax Systems (OTC:IFXY), a global provider of Internet of Things, Blockchain development and ICO consulting, announces today that on November 7, 2017, Infrax implemented a holding company reorganization pursuant to the Agreement and Plan of Merger (the “Merger Agreement”), dated as of November 1, 2017, among Infrax, Crypto and Crypto SUB Inc., a Nevada corporation (“Merger Sub”), which resulted in Crypto owning all of the outstanding capital stock of Infrax. Pursuant to the Crypto Merger, Merger Sub, a direct, wholly owned subsidiary of Crypto and an indirect, wholly owned subsidiary of Infrax, merged with and into Infrax, with Infrax surviving as a direct, wholly owned subsidiary of Crypto.