InvestorsHub Logo
Followers 18
Posts 783
Boards Moderated 0
Alias Born 08/24/2012

Re: lil+flipp post# 51279

Wednesday, 11/28/2018 4:53:08 PM

Wednesday, November 28, 2018 4:53:08 PM

Post# of 186029
He needed a publicly traded company for a reverse merger. it looks like he was keeping his options opened. if he bought xdsl he would have had to clean it and execute a huge reverse split. He found RBIZ and he had a clean /better option. However he was taken on as a CEO and wasn't sure if RBIZ was going to deliver and let him walk away with the publicly traded stock. Thats why he kept extending the loi that to my knowledge has not been executed. Maybe once he delivers vrus to the company that merges into this (if not his). he might still purchase XDSL and try to clean it for sale. there is a big business for clean shells.