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Sunday, 08/15/2021 3:10:04 PM

Sunday, August 15, 2021 3:10:04 PM

Post# of 69186
Ok,in my 40 yr investing,reverse mergers 99.9% of the time go like this,private comp uses the public shell to enter stock trading,the public comp is usually debt free outta bk7 and has nothing no money just its shell to be swiftly transported back to life with the richer private company,the public shareholders get a SMALL FRACTION OF EQUITY IN THE NEWLY FORMED PRIVATE COMPANY THAT JUST REVERSED MERGED WITH THE SHELL,this fraction of equity is the result of a reverse stock split 100 to 1 depending of shares of public in GOFF case 200 million shares will get a haircut of 100 to 1...meaning your 100k block of GOFF just cut diluted like this 100k÷ by 100 ='s 1000 shares of new company at the valuation of its assets outstanding share ect...this is a gift the private company is giving the public company for doing the reverse takeover,Otherwise no deal means 0.00 for Goff....this example of Tspn going from 0.08 cents to $10.00 had assets and maybe a few patents not sure but that's your 1% chance of awwwsone deal..

Please explain why theres NO REVERSE SHARE SPLIT DILUTING YOUR HOLDINGS IN YOUR EXAMPLE ON GOFF GOING TO THE MOON $5 FROM .22 CENTS SOON HOW ...IS GEORGE SHARP SANTA CLAUS REWARDING BALLZY BETTORS IN DEFUNCT PENNY STOCKS SERIOUS QUESTIONS THANKS SORRY LONG NOTE. I'm also involved in another stock like this, seems like a Detroit Lions winning the super bowl futures bet this yr.