From my understanding these are the steps to a high level reverse merger: 1. Custodial Appointment 2. Custodianship Granted 3. Reinstatement 4. Filings 5. Next Attorney Letter/Audited 6. Pink Current 7. Prep Ticker Merger 8. Merging Candidate
From my understanding $EEGI is supposed to RM with XMC Music, per @XFC_Official, “Coming Soon…In partnership with XFC. (EEGI) A company by @diggelli
With the RM it will tie these entities together. With EEGI/XStream Channels INC., Sidechain Recording, XMC Music, they will produce their own music and gain royalties from their product music etc..