Tuesday, April 26, 2016 7:02:10 AM
BSSP is acquiring Canteck, but because they are giving more than 50% of the shares to Canteck, Canteck is actually acquiring the company.
This is one way that a private company can become a public one.
Today's 8-K is the first mention of the transaction, so old information will likely show up while looking into REVE Technologies/BSSP.
Lots of people were stuck buying previously - the stock had no bid for awhile - and that's why there is some animosity.
Could go either way ... up to you to decide what you want to do.
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