Home > Boards > US OTC > Delisted > PureSafe Water Systems Inc. (fka PSWS)

"With a reverse merger, a private company is

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
bulldingy Member Profile
 
Followed By 0
Posts 147
Boards Moderated 0
Alias Born 02/25/13
160x600 placeholder
bulldingy   Saturday, 08/31/19 05:48:38 PM
Re: cancersucks post# 2195
Post # of 2235 
"With a reverse merger, a private company is merging with an existing, smaller company that’s already listed on an exchange. In some cases, the public company is a shell company owned by the investors in the private firm. So for example, the owners of ABC Corp., a private company, will form a public shell company called “Awesome Corp.” (It’s important to know that Awesome Corp. really only exists on paper.) In a reverse merger, ABC Corp. will “merge” with Awesome Corp. to form a new public company."
So being that PSWS is a small, shell company that is listed on an exchange I think you may be on to something.

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist