Fuse Science Inc (DROP)

[PDQTail]

Thanks for posting the "The Perils of Back-End Deals: The Fuse Science Power Outage" article, though it is a painful story for many. I come back here once in a great while to feed my morbid curiosity.


"Fuse Science quietly announced a reverse merger with a different type of “energy” company – New York-based Spiral Energy Tech, Inc. — and Fuse’s pink sheet stock has been delisted, leaving its shares virtually or entirely worthless and investors screaming. Small cap message boards have been lighting up for weeks with investors calling for the SEC to investigate the transaction, and Tiger Woods’ rumored millions of shares of restricted stock — which likely would have vested over the five-year term of his contract – are now likely worth zip, zero, nada unless any portion of his holdings were transferred to the new parent company, whose stock closed yesterday at $0.0004."