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Re: trader53 post# 26362

Friday, 09/22/2017 2:26:25 PM

Friday, September 22, 2017 2:26:25 PM

Post# of 79883
Trader53, this doesn't tell the whole story!


All too often, these reverse mergers are accompanied by a reverse split of the shares that were outstanding in the public company, and an issuance of new shares to the insiders of the acquiring company. So, the old shareholders are reverse split out of existence.

Buying before a reverse merger: a great way to lose serious cash!

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