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Re: Bocephus post# 13945

Monday, 12/01/2014 12:54:32 AM

Monday, December 01, 2014 12:54:32 AM

Post# of 98531
Hi Brocephus. I save all good post and yours was one of them. surfcast's claims of WB shells are true. However, he's twisted it to make it sound like a bad thing. That's the business model of WB Partners; merge a new company with a shell. That's good business. Reverse mergers are the new IPO.

As he CEO of WB Partners, his job is: "We started W+B Partners in May 2014 with the purpose of taking real private companies public as a way to provide capital for their growth and expansion. We see our jobs as helping our clients navigate the new regulatory field that is constantly changing. Based on this and our on-going discussions with DTC, FINRA and SEC we have begun to advise our current clients to maintain a quite period until about 1-2 weeks prior to their Form 10s becoming effective (which we expect to take 90-120 days from the date of the reverse merger). Additionally, we are advising our new clients that we will not be making any public announcement related to their reverse merger into one of our shells". Wade's smart guy. We're lucky to have him. Nate looks to be pretty business savvy too and has surrounded himself with a great team.

OK, Why do a reverse merger?
It can take a company from a matter of weeks to four months to complete a reverse merger. By contrast, the IPO process can take from six to 12 months and cost significantly more. The expediency and lower cost of the reverse merger process is beneficial to smaller companies in need of quick capital. Additionally, reverse mergers allow owners of private companies to retain greater ownership and control over the new company, which is a huge benefit to owners looking to raise capital without giving their companies away.
http://www.investopedia.com/ask/answers/08/reverse-merger-ipo.asp
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