Arem Pacific Corp. (ARPC)

[Rainer]

Damn, I'm stuck :(

[3CTraderIsBack]

SOUNDS AND LOOKS LIKE A REVERSE MERGER TO ME!

Scottsdale, Arizona, June 21, 2013/ -- Diversified Mortgage Workout Corp, (DMWK) -- a public company trading on the US OTC ? today announced its change of control of the corporation to Arem Pacific Corporation, a corporation in Scottsdale, Arizona ?
Thomas Tang, the President of Arem Pacific Corporation, commented, "We are very pleased with this transaction and we look forward to bringing more value to the Company."

Diversified Mortgage Workout Corporation (PINKSHEETS: DMWK) today announced its name formally changed to Arem Pacific Corporation, effective Monday, July 29. Mr. Thomas Tang has been elected to be the new president, effective immediately. More news releases will follow to introduce the new ticker symbol, new management team, board members and new company businesses.


Todays announcement about the new share structure will go with the new ticker symbol!

This board should be lit!

WHAT IS A REVERSE MERGER?

A Reverse Merger is a transaction where by the private company shareholders may gain control of a public company by merging it in with their private company. The private company shareholders receive a substantial majority of the shares of the public company (normally 85% to 90% or more) and the control of the board of directors. The transaction can be accomplished in as little as two weeks, resulting in the private company becoming a public company. The transaction does not go through a review process with state and federal regulators because the public company has already completed the process. The transaction involves the private and shell company exchanging information on each other, negotiating the merger terms, and signing a share exchange agreement. At the closing the public shell company issues a substantial majority of its shares and the board control to the shareholders of the private company. The private company shareholders pay for the shell and contribute their private company shares to the shell company and the private company is now public.

Upon completion of the reverse merger, the name of the shell company is usually changed to the name of the private company. If the shell company has a trading symbol it is changed to reflect the name change. An information statement, called an 8-K, must be filed within 15 days of the closing. The 8-K describes the newly combined company, stock issued, information of new officers and directors, and financial statements audited to US GAAP, standards. The 8-K must disclose the same type of information that it would be required to provide in registering a class of securities under the Securities Exchange Act of 1934.

[TheFinalCD]

DMWKD DAMWEEKEND

[ash111]

I'm already considerate my investment here as a Failure, but who knows,maybe i will be Surprised

[ASK]

Last 2 RS stocks of mine, I made good money.

TT_NC

AP_KN

But not saying I can make $$$$ on this one.

388 is too high.

[ash111]

who knows.R/S not always bad

[Casper311]

Well..., here's to hoping for a good outcome!

[ash111]

Maybe they have plans of NASDAQ,the only way is to make an R/S

[TheFinalCD]

lol who would bid for 500k shares @ .0068= $3,400 when there is going to be a HUGE R/S somebody smak that bidder!

Literally!

[3CTraderIsBack]

ash, it was after.

[ash111]

looks like he is coming again

[ash111]

yep.if we would have follow...

[TheFinalCD]

1st post $treet 1:04pm but not here= http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90367330&txt2find=dmwk

[ash111]

yep, before the RS find.

[TheFinalCD]

somebody had big bids in @ .02

about 200k around 1:10pm

[3CTraderIsBack]

Amazing how everyone jumps out the window over a new share structure and forgets about the 1 billion in assets. 2 Funny

[ash111]

looks like the R/S info wasn't there before..OTC markets even not showing this at all.,

[nazflipp]

day not over yet,,, many will average down.

[JUST 10-11-12]

sold out fairly quick!

[ash111]

after i lost 75% i'm not selling,nothing left

[luvpink]

iF U TRADE PENNIES u have been burnt by a R/S , hope this one works out for u guys , just dont try to make your $ back with 1 trade if u did loose $

[3CTraderIsBack]

If this (post 2925) folds into the new ticker...who cares if the float is lower. LOL

[JUST 10-11-12]

guess, always check for a rs before buying! ha! I just assumed.

[3CTraderIsBack]

yah think??? Research the new company! Ignore the panic creators.

[ash111]

exactly.took my words

[TheFinalCD]

DMWK 1-388 REVERSE SPLIT (((((((((((((((BE AWARE)))))))))))))))))


Dividend Search Results for DMWK





DMWK - Diversified Mortgage Workout Corporation Common Stock

Declaration Date:

-- Ex Date:

7/29/2013 Record Date:

-- Payment Date:

--
Dividend Type:

Reverse Split Dividend Amount:

1-388 R/S
Notes:

Name Change to ?Arem Pacific Corporation? ; New Symbol DMWKD;1-388 R/S**






http://www.otcbb.com/asp/dividend.asp?sym_id=DMWK&dDate=7/29/2013&sDateType=ex_date

[3CTraderIsBack]

If new company has big assets and news, shares will by tough to get after the RS. Again, all depends on the new company. That is why I said to FOCUS on that. This could be a 10 cent stock. who knows.

[ash111]

maybe it's worth the wait.SS. will be tiny,and maybe PPS will rise

[GoPenny]

argghhhhhh. So pissed off.......

[3CTraderIsBack]

all depends on the company. Took a starter on the panic. I like the news

[luvpink]

COULD BE A GOOD BUY AFTER R/S

[3CTraderIsBack]

PR stated new ticker! Of course it would have a new SS.

[ash111]

i'm going fishing,i must forget this downfall:)

[ash111]

1 grand is gone.this is the game.it's better than deletion:)

[3CTraderIsBack]

New share structure most likey in the terms of the deal with new company. FOCUS on the new company IMO.

[BORN AGAIN]

there ya go

[ash111]

exactly, looks they just put the R'S info.

[1geb]

it is a done deal! CRIMINALS!, oh! well....

[3CTraderIsBack]

RS is a good thing in this case IMO. This is a buyout with new share structure with a lower FLOAT. As long as new company doesn't dilute.

New company appears to have huge assets.

[ash111]

looks like u right,i'm taking my post back.u never know with this.

[Thinknot]

Got out just before lunch time, sorry about your luck everyone :(

These movers scare me, I usually never take more than 150% profit, beyond that in a day just seems to good to me.

Hope this can pick back up after RS

[HDOGTX]

in all fairness they didnt know till today either I dont think as it was just posted on todays daily list

[benjohngf]

Ouch.

[ash111]

pinky land is so wild

[threewheeler]

u didn't pull ur bid quick enough going nowhere with RS coming for atleast a month u will be locked in unless u sell today 13:04 7/29/2013 DMWK Diversified Mortgage Workout Corporation Common Stock DMWKD Arem Pacific Corporation. Common Stock 1-388 R/S

[TheFinalCD]

Glad I got out of there QUICK

DMWK Sold Processing XXC7BE620130726 50000 $0.02 $995.73 1:18:21 PM 7/26/2013 7/31/2013
DMWK Bought Processing XTC4E2B20130726 40010 $0.0161 $644.16 1:10:05 PM 7/26/2013 7/31/2013
DMWK Bought Processing XTC4E2B20130726 9990 $0.0161 $165.09 1:04:18 PM 7/26/2013 7/31/2013

[JJZander]

2nd time caught in a RS lol

[ash111]

u never know with these....

[Rainer]

Damn, filled a little at .008, that was weird

[JJZander]

Maybe they'll cancel it? Lol