InvestorsHub Logo
Followers 4
Posts 82
Boards Moderated 0
Alias Born 05/14/2014

Re: None

Monday, 11/03/2014 11:00:23 AM

Monday, November 03, 2014 11:00:23 AM

Post# of 50136
My prediction - Telogis does reverse-merger through RMTD to save money on IPO. The only concern I think is the brand name which is very important to Telogis. Switching the brand name from Telogis to Remote Dynamics may be a concern for marketing group at Telogis however a company name change back to Telogis can easily be accomplished after reverse-merger. The other option is Telogis pays for a expensive IPO via a underwriter and is priced to comparable companies in the same market. The IPO value is set and on opening week investors do not buy into stock and IPO is a bust, stock goes down instead of up and Telogis meets the same fate as the companies during the Dot-Com bust. If Telogis takes this route and the stock does not move upward after the IPO or within a year there is very little possibility of RMTD being brought by Telogis.
Remember RMTD is suppose to be still operating with very few assets. From what KingOil says Telogis brought many of RMTD's assets in a Asset Sale. If debt was a issue and the assets were sold to Telogis how is RMTD still doing any day-today business which is needed to pay staff, rent, utilities, and vendors. The RMTD stock volume is at a day-to-day average of zero so no shareholder cash is available so what remaining products or assets are left to keep RMTD in operation as per what KingOil and other bulletin board posters say.
Wait till after the midterm election results thats when things get moving. OTC movement will be huge if market likes what it sees after the election.