Exactly!!!! This play is as simple as asking yourself....why did Roche become the majority shareholder here in the 1st place? He's not reading Ihub looking for the next penny runner....he obviously had an angle here. When he loaned the company the $400k, he knew damn well they wld never be able to pay it back. The auction and "The other interested parties" is simply semantics. This is a well orchestrated plan by a very savvy, very wealthy, very well connected business man.
The PR states it all if u read it closely..."Roche Enterprises plans to continue the RVUE business using the assets acquired in the UCC sale, thru a new entity"...what business? What assets? The ONLY logical explanation is Roche wanted access to the shell to bring a company public.
Translation= They acquired the RVUE shell, to put a new company into RVUE w/ the purpose of a reverse merger w/ an instant tax break...
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.