Accredited Solutions Inc (ASII)

[eternally_optimistic]

I'm far from an expert on reverse mergers, but here is my simplified understanding of how they work and what we hope for as shareholders.

In its simplest sense, we want LSTG to be bought out by a company that wants to go public. The buying company would ordinarily have to go to a lot of expense to go public and it would take quite a bit of time and paperwork. By taking over LSTG, most of that hassle is eliminated.

What LSTG has going for it is that we are a clean shell. We have no product or business. Our filings have been brought up to date. It's relatively seamless for a legitimate business to buy us and change our name and be a public company.

If you're like most of us, you might own 1 million shares of LSTG. It sounds like we're tycoons, but when you consider that a million shares of LSTG is worth $5000, we're very pedestrian. Almost assuredly, the fictitious 1 million shares would undergo a massive reverse split. Let's keep it simple and say that for every 100 shares of LSTG, you'll receive 1 share of the new corporate entity. More often than not, our 1 share will be worth more than 100 shares of current LSTG. For the sake of argument, let's say that each of our new shares is worth $1. In this scenario, we've doubled our holdings from $5000 to $10,000.

If this all comes to pass, you have a decision to make. Do you accept the buyout of your 1 million shares or do you hold onto your 10,000 shares of the new stock? If the new company looks like a winner, I'm holding and hoping it goes up even higher. Maybe it's the next Home Depot. Or maybe it's something that will go bankrupt next year.

If some of you guys know more about this than I do, I'd love to get your takes.