IDDR~~REVERSE MERGER COMING!!!!!!
What were the news that really made the share price jump?
Checking the stock chart, we concluded that the previous news assessed were not really celebrated by the market. The most remarkable news was released a little bit earlier. On September 1, 2017, the company announced that it had filed an increase in authorized shares to be prepared for the future. The corporate move was said to be executed “to be in a position to start looking at scenarios for potential mergers and acquisitions.” We, like the market, appreciated the announcement.
Why?
If the company signs a merger with another company, it will not only gain access to more clients, it will also increase the amount of total assets. Hence, the fact that IDDR will look for other companies to merge is very good news.