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Case in point of a reverse merger where

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brooklyn1955 Member Level  Saturday, 07/06/19 08:35:12 PM
Re: brooklyn1955 post# 2734
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Case in point of a reverse merger where private or Hedge fund is involved:
"Management believes that placing # in a separate publicly traded company will unlock the company's value"

The bottom line: Shell stocks are worth owning if you can find the right ones. You have to feel sorry for whoever sold those 50,000 HMDI shares yesterday (Nov 2009) at $.0005 for $25. Those same 50,000 shares that were $25 yesterday are worth $3,500 today. You gotta love penny stocks.

HMDI - A Shell Stock Gone Wild - Up 13,900%
https://pennystockgurus.blogspot.com/2009/10/hmdi-shell-stock-gone-wild-up-13900.html

Remember>>> 10 x earnings worth more going private to public is the norm.
Have a good night everyone.


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