Monday, July 06, 2015 1:01:49 PM
It's called "insider trading rules". Never in the history of reverse mergers has the owner of a shell "mentioned" the use of the shell beforehand, or prior to the official PR/announcement.
You know, many shells trade for years and years without doing a reverse merger......BUT NONE OF THEM ARE OWNED BY A BILLIONAIRE!
SPEA was a shell that traded for years......until a BILLIONAIRE TV MOGUL purchased the shell and reverse merged his company into it. After the announcement......IT WAS TOO LATE. From .10 to dollars........and eventually to over $30 per share!
KEYO shareholders have an advantage that SPEA shareholders did not. SPEA shareholders had no idea a billionaire was going to buy the shell. KEYO shareholders who did their DD already know a billionaire doctor owns it......and that he is getting ready to LAUNCH a conglomerate biotech data company!
Nobody is trying to LURE anybody. It makes no difference to me if one buys or sells, but take care not to be mislead. Do your due diligence and consider your sources. This play will be EPIC. My opinion, obviously.
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