GuanHua Corporation (GHGH)

[kriskringle]

Name change documents (8K) are filed to update the name of the shell so it matches the name of the acquiring company. A board of directors is then formed.

Reverse Mergers are generally structured so that corporate officers and insiders of the privately held company retain more than 80% of the outstanding stock. Once again, exchange requirements vary in order for the shell to be listed and anywhere from 5% to 20% of the outstanding stock needs to be publicly traded stock; meaning not in the hands of insiders and affiliates.