Tuesday, August 30, 2016 12:43:20 PM
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124860920
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If/when TRON files, then they can convert/sell.
Since the pending APO/Merger has not been completed yet, PIPE investor's have time.
This was also explained in a previous post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124782086
"A reverse merger is the most common alternative to an initial public offering (IPO) or direct public offering (DPO) for a company seeking to go public. A “reverse merger” allows a privately held company to go public by acquiring a controlling interest in, and merging with, a public operating or public shell company....."
So we know that it's a merger with either a public company, or a shell company.
..."most private entities complete a capital-raising transaction (such as a PIPE) simultaneously with or immediately following the reverse merger..."
If in fact this Merger/APO is legitimate, there will be PIPE investment.
PIPE investor's will know that TRON is a shell, and be aware of the fact that the "Evergreen rule" needs to be satisfied.
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