Saturday, June 11, 2016 1:39:16 PM
I want to backup my opinion with examples and i could show more.
This is the normal set up in mergers.
Last mergers i followed were:
HMMR fully reporting SEC filer
1.) First new ceo took over Apr 6, 2016
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11306984
2.) name change on NVSOS 04/13
http://nvsos.gov/SOSEntitySearch/corpActions.aspx?lx8nvq=vUCTF3unbLYw%252fh5JyohN%252fA%253d%253d&CorpName=HAMMER+FIBER+OPTICS+HOLDINGS+CORP.
3.) Reverse split and merger 8-k: Apr 28, 2016
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11341587
4. Reverse split and name change at the same time
05/03/2016.
----------
BBGP non-sec filer
1.) otcmarkets.com filings to go current in October 2015
2.) name change and a/s increased on NVSOS 4/12/2016
http://nvsos.gov/SOSEntitySearch/corpActions.aspx?lx8nvq=sv8ggHgPp%252bJCCp%252b4WWUUsg%253d%253d&CorpName=BRIDGEGATE+PICTURES+CORP.
3.) Reverse split and name change at the same time 05/11/2016.
----------------
This is the normal set up and then i wonder why there was no name change. What people got after they supported this stock 4 months and bought it up from .003 to .15 is a reverse split, tweets and phone calls!
I see no point why they should not change the name at the same the reverse split happened if this merger is planned since a long time(NVSOS business license since April 2015 for klean).
There is no reason for me beside there is no merger planned.
Maybe there will be an acquisition and the name will not be changed, possible.
The Finra process is not only complicated for the company, it´s also work for TA, and annoying for shareholders, fees are probably higher if a company doesn´t do it at the same time the reverse split happened. There is no advantage and no explanation.
And then not even an 8-k before the split happened. It´s a disgrace of a public company.
Recent THCT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/09/2024 06:56:53 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/26/2024 09:20:42 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/09/2024 04:58:15 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/08/2024 06:41:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/06/2023 08:15:39 PM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM
Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • ELMGF • Sep 10, 2024 11:00 AM
Nightfood Holdings Inc. Completes Major Step on Uplist Journey by Closing Strategic All-Stock Acquisition of CarryoutSupplies.com • NGTF • Sep 10, 2024 8:15 AM
Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • ELEM • Sep 9, 2024 9:34 AM