Hi ctriceman, Yes I totally agree. I would definitely use the MTVX "shell" as a means for the new company Phyto Life Organics to go public. I'm sure there has to be talks happening between Troy Covey and the founders of Phtyo Life to do just that. It's smart, so why wouldn't they? There would be a lot of benefits from doing it that way like saving hundreds of thousands of dollars for starters and also it's much faster to accomplish than trying to do a formal IPO. And they don't have to jump through many hurdles to get that done by going out and searching for a public shell because they already have one conveniently available through Troy Covey with MTVX. It would just be a winning situation all the way around and makes the most sense!
This is from a quick google search on the benefits of going public by using a reverse merger vs an initial public offering... "In a reverse merger, a private company buys out a public one, then has shares of the new business listed for public trading. Basically, this means going public without the usual risk and expense of an initial public offering -- and being able to do it in weeks rather than months or even years."
AI
