This is not reverse merger, PCTL is not buying the Ontario company, this is simply a JV, Joint Venture, most are confused as how metrics are working on this deal.
They are funding the company to take an 51% ownership,
Reverse mergers, the public company ends up buying the private entity.
You need to do your DD
Reverse mergers, SPACS, Joint Ventures are ideally my favorite., but best favorites are SPACS
This is simply a joint venture, nothing less, nothing more.
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