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Friday, October 11, 2019 10:53:24 AM
So you have purchased a Richard Chiang reverse merger play that should potentially yield huge exponential returns. This is a business model that Chiang has mastered in taking dormant shell companies and merging them with profitable, private equities that desire to become publicly traded companies. The reason for doing the aforementioned is for the incoming company to have access to the public markets, without bearing the corporate expenses related to the IPO.
Here is the potential delineated value for TBSS going forward:
1) Very small float
2) The revelation of what company/business sector is coming into the TBSS shell.
The combination of the previous two points could result in TBSS reaching astronomical heights.
Whether by luck, happen stance, or fortuitous timing, you have found yourself with the proverbial, 'Winning lottery ticket."
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