InvestorsHub Logo
Followers 39
Posts 3978
Boards Moderated 1
Alias Born 05/04/2017

Re: 42get4ever post# 31356

Thursday, 05/31/2018 11:42:25 AM

Thursday, May 31, 2018 11:42:25 AM

Post# of 31518
I had the same thought once I heard USMJ is reverse merging with a "public company." They had a relationship a few years ago with MLCG (Spanish Peaks) that never came to fruition, so to create a new company by taking over an established, although flagging stock symbol, is easier than creating one. If this is the case, they would probably change the name to Americanna Cafe (AMCF?) and restructure debt by offering stock ownership in a larger percentage to note holders than they have now while still holding 51% or more for ACI. I do think that USMJ and MLCG shareholders will get a smaller percentage of ownership than we have now, but it may actually be worth something in the future. I would rather have 1% of something than 10% of nothing.