InvestorsHub Logo
Followers 29
Posts 5209
Boards Moderated 1
Alias Born 07/11/2011

Re: Huggy Bear post# 141991

Friday, 07/31/2015 3:23:43 PM

Friday, July 31, 2015 3:23:43 PM

Post# of 148335
Exactly! There can be NO reverse merger without the appropriate filings. Some of the REQUIREMENTS for a reverse merger are:

complete (and expensive) financial disclosure is required for publicly-held companies under the 34 Act;

required audit for regulatory compliance;

•owners of the Private Company give up some equity percentage in the merger (usually between 15% and 20%) which must be disclosed;

Since NONE of this has been forthcoming, all that has been accomplished is a reverse split, name change and change of "fairy tale" used as a lure.

Shareholders are ENTITLED to know what they are getting! Investing without knowing these things is "BUYING A PIG IN A POKE".


Good DD IS NOT just reciting the PRs and company handouts and looking for the good. Those things are never hard to find.

Good DD IS finding out what the company and CEO do NOT want you to know.