n other words, Solaris is going to go from a $20 million shell generating no revenues, to a company with $77 million annual sales, essentially overnight. The implications for its PPS are substantial, if not entirely clear.
Exactly when the announcement will hit press remains to be seen – and that’s the primary risk here. Even with this uncertainty, however, the risk is minimal. The recent spike in volume suggests that any announcement is just around the corner, and an uplisting to a major exchange will almost certainly soon follow. There’s going to be some capital structure changes post merger, and again, the uncertainty surrounding these play into primary risk, but the potential reward vastly outweighs the risk, given the facts surrounding the merger.
THE RISK IS MINIMAL<<<SPCL>>>
