From my understanding, reverse mergers are a way to cleanly acquire the share structure of a previous company. There are issues that need to be cleared up of course, but the share structure is very important in order to cleanly launch a new business with an established base of support. It almost guarantees an audience. They are worth a lot of money to savvy business people. IMHO.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.