There isn't going to be a reverse merger - if GQC takes control it will be done by buying the Preferred shares. But Omnis is supposed to control AVVH. Omnis was created on 03/30/2021 so it is another empty shell - plus the company didn't provide any details about the purchase of the Preferred share.
A reverse merger would require approval from FINRA - AVVH would have to file a Corporate Action Request for a reverse merger. So there isn't going to be a reverse merger.
"On April 26, 2021, Krisa Management LLC sold one (1) share of Special 2021 Series A Preferred Stock of the company for an agreed upon purchase price to Omis Public Capital Management, LLC. The Special preferred share controls 60% of the company’s total voting rights. The issuance of the preferred share to Omnis Capital Management, LLC. gave the controlling vote to control and govern the affairs of the company going forward."
There is a complete lack of transparency.
Why won't Sanchez provide any information to investors about the business plan for AVVH/GQC.
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