For now it looks like a reverse merger:
Pros: Pink will come sooner
Cons: We as shareholders need MIKP to run more to make money as a RS Split could be part of the equation but not necessarily according to Mark: See below:
To Mark:
I hope you are not planning a reverse merger. Doing a reverse split and screwing your shareholders. Especially after you made the comment (Just recently that you wanted to do the right thing by your shareholders and pursue the auditing and be fully reporting and become pink through the MIKP shell. This wishy washy thing (only if you are going reverse merger) sucks.
That would be a low blow to everyone IMO.
From Mark:
Tim, I'm not sure if you are clear on the difference, but a reverse merger and a reverse split/restructure are two completely different things.
To Mark:
Doesn't matter Mark. You are not a man of your word and are wishy washy. Bunch of BS is all I can say. A reverse merger still involves a reverse split so it hurts the shareholder. I paid .002 plus for some of my shares.
From Mark:
Tim- correction- reverse mergers do not inherently involve a reverse split or vice versa. They are two completely different concepts. Apples and Broccoli.
That said, we will most likely do whatever the market maker requires to ensure our return to the pinks.
As for the rest- you are always entitled to your opinions.
Sent from my iPhone
To Mark:
You caught me off guard there with apples and broccoli. Used to apples and oranges but I kind of understand. I know that you have to do what you have to do, but never saw you give the other option a fair shake like you said you were going to.
From Mark:
Which option? The best option in my opinion is getting us pink current and trading without the burden of audit. That’s exactly what I’m doing.
To Mark:
So you have been looking into a merger for the last 5- 6 months? What was going on the last several months? Sure had me fooled. All this time I thought you were working on an audit. That is what Mike and I were talking to you about when we were going to loan you the money back in December/January. And then all of a sudden you said you had the money for an audit. Geez Mark, I don’t know what to believe anymore. Sure are a lot of black holes (time warps) with no accounting for time.
Thanks just the same!
From Mark:
It has been a moving target – I have been exploring all avenues – – for instance I was seeking a reverse merger candidate in case the audit money self through – when something happens like you changing your mind about the funds which is completely understandable I wanted to make sure that we always have a plan B and C ready to roll but now none of those things are in the picture as, again, as I have explained we have identified an attorney and a market maker that will get us to the pink sheet market without an audit. But even this step, as encouraging as it is, is not final until it’s final. This is by no means an easy task or you would see Grey sheets coming back to life left and right which we both know is not the case
