IAHL Corporation (IAHL)

[binzur]

Thanks KOOKY! Answered a big question for me at the end of your post. This could very well explain why A/S had to be raised in preparation for reverse merger. Also they would not want to dilute as that would be more shares staying with the shell shareholders.

"Cost: (non-trading) $150,000 - $250,000, plus 5 - 20% retained equity ownership
(trading) $250,000 - $800,000+, plus 5 - 20% retained equity ownership"

Look at the costs for a trading company. Someone who had talked to Ed did state that he said it is "expensive" to do a reverse merger.

Now the big question becomes why reverse merge instead of form 10 uplist? I am sure there are many here who could help with the answer to that! TIA