Obocon Inc. (OBCN)

[samsamsamiam]

She told me they were approached by Tony in May about buying the shell. They agreed to the deal as they no longer wanted to be a public company, so they did what is call an asset exchange agreement in where they relinquished their controlling interest, roughly 137 million of their shares to make the deal happen.


Relinquished their controlling interest to whom? the merging company? would those shares still not be considered OUTSTANDING???