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Re: Southern Gal post# 26249

Tuesday, 12/16/2014 2:33:24 PM

Tuesday, December 16, 2014 2:33:24 PM

Post# of 30964
Yes he would own 53.5% of the O/S, not sure how this is hard to understand. The reason one buys a OTC shell is that it is much much cheaper and faster to go public than an IPO

IPO could cost millions and take years

Shell purchase OTC, maybe a year and couple hundred thousand


Victor is taking a gamble that the merger will be approved and that the surviving companies PPS will be higher. He is willing to bet money that it will be.

Based on the facts currently known I am willing to buy a ticket too, because if it is approved this will move very very fast