Forwardly Inc (FORW)

[Major Profits]

Well, I see I had 2 differing responses to what I wrote. MIKEY501's agreeing with me and yours which seems not to. (Frankly, I was impressed by the amount of followers and boards moderated by MIKEY501. I would attribute that to having lots of experience, but I could be wrong).

Anyhow, I do get what you're saying. But you mentioned "clean shell" as if that is a requirement. Is it? And can't there be a "reverse merger" with a public company such as GRDO that might have tried to make a business of something, failed and decided to simply do something else. I mean, GRDO is a PUBLIC company, can't Bill make a deal with a PRIVATE company for a reverse merger if he now wants to? What does being "a developmental stage company LOOKING for a business" have to do with it? Can't Bill change his mind and go for a "reverse merger" instead?

Here is what Investipedia says. And note it does NOT say anything about the PULBIC company havin gto be a "clean shell". According to what I read, the "reverse merger" is simply a ploy for PRIVATE companys to become PUBLIC without going through the IPO process. Period. Anyhow, I'm just of the thought that Bill can, more or less, do as he pleases with his PUBLIC company. Develop it into a business OR, perhaps, make a deal for a "reverse merger".

http://www.investopedia.com/ask/answers/08/reverse-merger-ipo.asp

Reverse mergers are often the most expedient and cost-efficient way for private companies that hold shares that are not available to the public to begin trading on a public stock exchange. Prior to the rise of reverse mergers, the vast majority of public companies were created through the initial public offering (IPO) process.

In a reverse merger, an active private company takes control and merges with a dormant public company. These dormant public companies are called "shell corporations" because they rarely have assets or net worth aside from the fact that they previously had gone through an IPO or alternative filing process.

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.