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Re: Twocan post# 23553

Sunday, 05/27/2018 10:11:07 AM

Sunday, May 27, 2018 10:11:07 AM

Post# of 34626
Tread this one carefully imo. Marker was likely looking for a public shell to merge into so their path to going public is compressed significantly. Tpiv was able to offer that to them so they’re reverse merging into tpiv ticker. I don’t know much about this one but in general, reverse mergers are very messy and shareholders almost always end up losing a chunk of market cap. If you want examples. See charts of WPCS and Drop car merger - now trading DCAR or IFON and Cooltech merger now trading as IFON. Look at their daily charts prior to and after merger. Or see ETRM merger with I forget the name but now trading RSLS I think. Same story here perhaps.
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