News Focus
News Focus
icon url

stervc

03/08/19 8:13 AM

#6551 RE: Volcano #6549

Volcano, with that ETFM merger thought...

Read this from the 8-K...


https://ih.advfn.com/stock-market/USOTC/2050-motors-inc-ETFM/stock-news/79425944/current-report-filing-8-k
...2050 Motors, Inc.(ETFM) will transfer to current Management and Investors, to be determined in TFPC, eighty (80) percent ownership in exchange for retaining a twenty (20) percent ownership interest in 2050 Motors, Inc. ...



In essence, it will act like an Acquisition, Merger, Licensing Agreement or you can decide how or what you will like to call it, but the old management is gone and was immediately removed for a reason and it is very clear who the new management is that's running things.

v/r
Sterling