Tuesday, October 04, 2016 1:55:02 PM
Shell:
A shell corporation is a company which serves as a vehicle for business transactions without itself having any significant assets or operations.
Reverse Merger:
A reverse takeover or reverse merger takeover (reverse IPO) is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. The transaction typically requires reorganization of capitalization of the acquiring company.
Ed:
I can't use that language on iHub.
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