RBI Ventures Ltd. V.RBI.H

RE:RE:RE:RE:RE:RE:Just emailed Hugh

[macsipos11]

Do we think the stock will rebound? do you think there is a plan to move into the USA

Using a Reverse Takeover to Access U.S. Markets

A foreign company may use an RTO as a mechanism to gain entry into the U.S. marketplace. If a business with operations based outside of the U.S. purchases enough shares to become a controlling interest in the U.S. company, it can move to merge the foreign-based business with the U.S.-based one, giving access to a new market without the costs traditionally involved.

To complete the process, the final resulting company must be able to meet all Securities Exchange Commission (SEC) reporting requirements and other regulatory standards, including the filing of an SEC Form 8-K to disclose the transaction.

Read more: Reverse Takeover (RTO) https://www.investopedia.com/terms/r/reversetakeover.asp#ixzz5CUMItdoM 
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