Replies to post #38300 on Artificial Intelligence Technology Solutions Inc (AITX)

[hestheman]

"But it wasn't a reverse merger...RAD is a subsidiary of OMVS". What I find humorous is that everything in your post following "But it wasn't a reverse merger".....SHOWS THE ACTIONS OF A REVERSE MERGER! http://www.reverse-merger.com/tag/reverse-merger/ In the reverse merger process, the private operating company shareholders exchange their shares of the private company for either new or existing shares of the public company so at the end of the transaction, the shareholders of the private company own a majority of the public company and the private company has become a wholly owned subsidiary of the public company. At the end of a reverse merger transaction, the former public operating company usually folds, or ceases to exist....the new company's business operation takes over. FROM YOUR OWN POST: Current Business of the Registrant as a result of the closing of the Acquisition listed above, the Registrant has succeeded to the business of RAD and has purchased all of the outstanding shares of capital stock of RAD. The Registrant intends to pursue the business of RAD and assume and execute RAD's business plan as it's sole business. "It's all common knowlege".....I agree! It is also basic reverse merger knowlege for those of us that have been been reading these filings for many years! WOW.

[hestheman]

"But it wasn't a reverse merger"...."It's all public knowlege"......"I love Google....I also love the SEC filings...LMAO". http://www.securitysystemsnews.com/article/robotic-assistance-devices-acquired-omvs The reverse merger with OMVS allows RAD access to capital to scale it's product portfolio and help further increase its market position in the robotic guard market, according to Steve Reinharz, RAD President and CEO. ROFLMAO.....someone may need to contact Steve Reinharz and let him know this transaction was NOT a reverse merger. Bwahahaa.