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Re: Jabez Advisory post# 46788

Thursday, 12/14/2017 12:09:58 PM

Thursday, December 14, 2017 12:09:58 PM

Post# of 68548
I would hope not. They have been down that rabbit hole before and they tend not to work well in penny land. Your stock price tends to fall back down falling the RS so it really doesn't help the shareholders.

I just can't see a way to a reverse merger based on their current capital structure. To do an RM in their current capital structure they would need to increase their AS to over 150bn (or more) to account for the market value of LRS.

One thing everybody needs to keep in mind is that at $0.0001 this company is already valued at $1.1m. That is high for a company that has never reported any revenue or profit. Distribution companies trade at 1 to 1.5 times trailing sales in the normal marketplace.

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