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Re: Slojab post# 28195

Monday, 11/03/2014 1:14:57 PM

Monday, November 03, 2014 1:14:57 PM

Post# of 50136
Never ask any question with the word never or ever unless you are 100% sure in your position. There have been numerous reverse-mergers although not a huge number on record which had companies somewhat comparable to Telogis that reversed mergered into the Pinky Sheets. Remember this fact, Telogis is still private and their IPO value will be judged on their market. Right now no one knows what the underwriters value them at therefore a reverse-merger may be a good thing for them due to the only direction would be up.
The only negative is that the Market Makers have a huge impact on stock prices on the OTC. There is a big difference having Morgan Stanley, Goldman Sachs, Dean Whittier, or etc be your underwriter and control your shares as opposed to the bottom of the food chain Market Makers who are out to scavenger a quick buck off a stock at any means necessary. Think about the reputation the big brokerage houses have compared to the Boiler Room Market Maker Company that has to take advantage of every opportunity to make a dollar using thethought process, any means necessary.