Lead Innovation Corporation (LEIC)

[ThisIsStupid]

A reverse merger allows for a buyout of the pre existing public company, sometimes acquiring their pre existing assets, this is why shell companies must be evaluated before a r/m, clean shells make the merge easier and ones within a similar industry of the private company can create more value once the merger is complete. Sometimes shells are in disarray, have debt, legal liabilities, a merging company therefore presumes that risk, that's why clean shells are important, it just so happens drag has some resources that could be valuable to hitec