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