GRN Holding Corp (GRNF)

[Hercules1]

reverse merger can be done fast. in as little as 30 days.





Justin has put the reverse merger on fast track by controlling DCGD.

now nobody can change their minds. it is basically done.


all that is left is the filling which is likely to drop soon.







https://www.investopedia.com/articles/stocks/09/introduction-reverse-mergers.asp





Advantages of Reverse Mergers
A Simplified Process

Reverse mergers allow a private company to become public without raising capital, which considerably simplifies the process. While conventional IPOs can take months (even over a calendar year) to materialize, reverse mergers can take only a few weeks to complete (in some cases, in as little as 30 days). This saves management a lot of time and energy, ensuring that there is sufficient time devoted to running the company.

Minimizes Risk

Undergoing the conventional IPO process does not guarantee that the company will ultimately go public. Managers can spend hundreds of hours planning for a traditional IPO. But if stock market conditions become unfavorable to the proposed offering, the deal may be canceled, and all of those hours will have become a wasted effort. Pursuing a reverse merger minimizes this risk.

Less Dependent on Market Conditions

As mentioned earlier, the traditional IPO combines both the go-public and capital-raising functions. As the reverse merger is solely a mechanism to convert a private company into a public entity, the process is less dependent on market conditions (because the company is not proposing to raise capital). Since a reverse merger functions solely as a conversion mechanism, market conditions have little bearing on the offering. Rather, the process is undertaken in order to attempt to realize the benefits of being a public entity.





Benefits of a Public Company

Private companies—generally those with $100 million to several hundred million in revenue—are usually attracted to the prospect of going public. Once this happens, the company's securities are traded on an exchange and thus enjoy greater liquidity. The original investors gain the ability to liquidate their holdings, providing a convenient exit alternative to having the company buy back their shares. The company has greater access to capital markets, as management now has the option of issuing additional stock through secondary offerings. If stockholders possess warrants—giving them the right to purchase additional stock at a pre-determined price—the exercise of these options provides additional capital infusion into the company.






Public companies often trade at higher multiples than private companies. Significantly increased liquidity means that both the general public and institutional investors (and large operational companies) have access to the company's stock, which can drive its price. Management also has more strategic options to pursue growth, including mergers and acquisitions.