InvestorsHub Logo
Followers 400
Posts 48593
Boards Moderated 0
Alias Born 06/20/2011

Re: TTTexas post# 136976

Thursday, 11/30/2017 12:02:40 PM

Thursday, November 30, 2017 12:02:40 PM

Post# of 183214
An OTC RM is almost always done to allow a private company to go public without having to do so on its own. Therefore the “public” entity it is acquiring, for all intents and purposes, is a shell. They generally want to pay as little as possible to “go public”. In almost all cases the mechanism is to essentially acquire “control” of the public company, recapitalize via a reverse split and move forward with the legacy “shareholders” of the public company essentially wiped out.

If Dennis wanted to take DPT public there are plenty of ways for him to do that than RM with the BVTK ticker.

However, if the idea is to “merge” the two companies into a single business, that is a little different...and there are a number of ways that could happen. It alls depends on what the consideration is on either side of the equation. It is much more likely frankly...if BVTK and DPT keep on the path they are on for BVTK to “acquire” DPT. How they would pay for it is the question.