InvestorsHub Logo
Followers 4
Posts 82
Boards Moderated 0
Alias Born 05/14/2014

Re: None

Thursday, 03/31/2016 7:40:04 PM

Thursday, March 31, 2016 7:40:04 PM

Post# of 21946
I have heard the story a million times, I reached out to the new CEO and he was excited and it appears good may be coming....(bull). I can name a number of OTC stocks with original or new CEO's that stated the same before sending the company into a dreadful reverse-split. See AXCG, ACLP, AVOP, GRPR, and etc.
See a true and great post by poster birdseye123
Yep. This business "sector" has grown significantly over the last year or two. I was talking to a friend who has a company big enough to go public. He isn't big enough to go big board so he was approached to do a reverse merger/penny stock offering. The people he'd have to get in bed with would basically have ways of wresting control from him at some point down the line. He's an honest guy so he started asking questions. I can say with confidence he won't do this. He joked he can get a Kabbage loan with a slightly higher interest rate and easily pay it back than sell his soul for the markets.

Anybody dumb enough to buy these shell sellers b.s. that you can reverse merge and take your company to new heights is lying. It's a scammer game now and the rules allow it, definitely.

Thanks for the talk.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CATV News