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Friday, July 13, 2018 2:48:09 PM
Whenever a privately own'ed company seeks a Reverse Merger, with a publickly traded company;
along with a name change and new trading symbol, there is always a reverse split of the stock of the public company, as part of the transition to the New Company.
This action creates a consolidation of the number of shares each shareholder will wind up with, after the Reverse Merger is complete.
In short; You will have less shares, at a much higher price pr share - in a New Company, with earnings and great growth potential!!! " A Good Thing!"
This is all public knowledge, ( Not always clear in the 8k ) if you understand how reverse mergers work - but - I recommend you confirm this with your contact's, in each company.
~~~ Good luck ~~~
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