DANR is starting to get some eyes from the investment community due to a potential reverse merger. Currently the stock is a shell (A Shell Company is a company, other than an asset-backed issuer, with no or nominal operations and either 1) no or nominal assets; 2) assets consisting of cash and cash equivalents; or 3) assets consisting of any amount of cash and cash equivalents and nominal other assets, as defined by Securities Act Rule 405 and Exchange Act Rule 12b-2. SEC reporting companies designate their shell status in their periodic filings).
A company like DANR with only a 500M AS and clean is already attracting private companies seeking to go public through a reverse merger. Bitcoin and Cannabis are the hottest sectors now. Private Bitcoin company OKC Holdings Corp, is looking for a vehicle (A Shell) like DANRto go public to avoid going through the complexities and regulatory intricacies of an official IPO.
Reverse Merger Takeover
ISBG, a hot cannabis company with multiple CBD products, is currently public and trading under the ticker symbol ISBG. The company is working several issues with the OTC Markets at the moment but speculators are pitching the idea for ISBG to take its assets over DANR via a reverse takeover.
This undervalued stock should be in everyone’s watchlist. DANR current share structure is the following: AS 500,000,000 million, OS 435,144,980 million. The market cap at the time of writing was $261,087. The current share price is $0.0014.
Today the stock saw a spike to .0014 breaking major resistance at .0009 and .0012. The stock is expected to continue its momentum, with an AS of 500M only the sky is the limit here. Our chart technicians are predicting a potential move to .0025-0050 area.
ISBG is the authorized importer, licensor, and marketer of premium alcoholic beverage brands, including Besado Tequila, Dziaq, and CBD Infused Products. The Company's mission and purpose is the development and actualization of leading alcoholic beverage brands. In this capacity, as a "brand incubator", the Company intends to nurture emerging brands through critical stages of market development, including conceptualization, go-to-market strategy, supply chain and logistics engineering, integrated marketing, and distribution. The Company plans to expand its wine and spirit portfolio by building brands both in-house as well as through targeted acquisition activity. The Company's overall market strategy is predicated on the belief that the brand incubator construct fills a current gap within the industry, and potentially aligns individual brands as acquisition targets. In addition, through strategic relationships, including potential partnerships and/or acquisitions, the Company plans to complement its brand incubation segment with a focus on the development of logistics technology solutions tailored to the alcoholic beverage industry. Investment in this segment is anticipated to further enable expansion of the Company's incubation segment and generate potential value as an enterprise product. ISBG is seeking listing on a national stock exchange in the United States,
50 W. Liberty Street Suite 880 Reno, NV 89501
Market Cap 609,203 04/24/2019
Authorized Shares 500,000,000 04/01/2019
Outstanding Shares 435,144,980 04/01/2019
Important: There are rumors that it can be a FAKE