Distribution to Shareholders. On the Effective Date, shareholders holding not less than one hundred (100%) percent of Acquiree common shares not dissenting from the Plan shall exchange not less than one hundred (100%) percent of the outstanding stock of Acquiree at the for [________________________] shares of Acquiror's shares and Acquiree shall become a wholly owned subsidiary of Acquiror.
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Sources: Share Exchange Agreement (Internet Multi-Media Corp), Plan of Share Exchange (Internet Multi-Media Corp)
Distribution to Shareholders. On the Effective Date, shareholders holding not less than one hundred (100%) percent of Acquiree common shares not dissenting from the Plan shall exchange not less than one hundred (100%) percent of the outstanding stock of Acquiree at the for [________________________] 7,000,000 shares of Acquiror's shares and Acquiree shall become a wholly owned subsidiary of Acquiror.
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