Replies to post #23430 on Axiologix Inc. (AXLX)

[Spuds McKenz66]

SOON VERY SOON....Reverse triangular mergers, like direct mergers and forward triangular mergers, can be either taxable or nontaxable depending on how they are executed and other complex factors set forth in Section 368 of the Internal Revenue Code. If nontaxable, a reverse triangular merger is considered a reorganization for tax purposes.

[Spuds McKenz66]

COOL Paul read the latest pr you'll understand this... have a pretty good idea who the U.S. based co. is....A type of merger used by private companies to become publicly traded without resorting to an initial public offering. Initially, the private company buys enough shares to control a publicly traded company. The private company's shareholder then uses their shares in the private company to exchange for shares in the public company. At this point, the private company has effectively become a publicly traded one.
AXLX

[flaflyersfan]

PaulSURFCITY, 2nd Quarter report January 15, 2014. EOM

[Angel21stCentury]

End of Month$$$$