Advantis Corp. (ADVT)

[BirdsOfFire]

No, not really--it depends if their is a reverse merger or they become a subsidiary, IMO. You can have a company having shares on the stock market and a parent company, which also have shares on the stock market. All it means is that the parent company owns the subsidiary company.

Wikipedia says, "A subsidiary, subsidiary company or daughter company is a company that is owned or controlled by another company, which is called the parent company, parent, or holding company. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a government or state-owned enterprise."

The way I understand it is a reverse merger does take over the company share structure which you (a caretaker company) would be buying a shell. The shell company would still have a share structure. Most companies elect to restructure the shell share structure and do a RS.

Examples:
Altria supposedly owns Marlboro PhillpsMorris cigarettes. I believe PhillipMorris has shares trading on the Stock market.

NU G S, Cannabis Strategic Ventures, reversed merged with a company called Casacade Energy (CSCE) about May or June of 2017. As a result, the new owners of the shell renamed the company and restructured the stock. In this case, on only company exist and the old company is no longer.


IMO