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Re: BBseller post# 21852

Thursday, 04/24/2014 10:52:13 PM

Thursday, April 24, 2014 10:52:13 PM

Post# of 31664
Click on the link that someone provided earlier regarding these forms. The filing provides 2 VERY VERY IMPORTANT BENEFITS. Has to do with what is referred to as a successor company. In doing this filing, the successor company to SAGD will not need to file lots lots of costly filings (which will include the cost of hiring lawyers, accountants, financial people, etc) required by the new company. This assumes of course that there will be a reverse merger. IMHO, there is no other reason for this filing other than a reverse merge. It's not because they want to avoid filings documents, they just want to avoid filing unnecessary papers which these filings eliminate and thus saves SAGD and successor company time and $$$$.

Like what someone else posted, a reverse merge is coming, and with it, likely a very whole new direction for the company.

IMHO of course.