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Re: cindyyoohoo post# 24368

Sunday, 01/21/2007 12:04:35 PM

Sunday, January 21, 2007 12:04:35 PM

Post# of 162847
The problem I have with reverse mergers is that if a company is successful and profitable, they don't need some backwoods, cluster fudge of a penny stock shell. Many truly successful and profitable companies stay private because why? They are already making money and the owners get to keep all the profits. This just smells to me. If they truly want to go public, there are other ways that are more respectable and legitimate without risk to the company. If the company was truly an awesome company they would go a more conservative and safer route to going public.
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