Tuesday, November 23, 2021 12:58:19 AM
The actual float is very small. If they increase the outstanding shares such that the incoming company is getting the vast majority of shares, then it is very much worth it to companies to do that. It is very difficult to go public via IPO. It is much easier to buy a nice clean shell.
Alinson Wang has done this before successfully. He will do it again. He has been very accurate and truthful in what he has shared via email thus far. If he says that this will be a NASDAQ ready company upon reverse merger I believe him. He has done the opposite of pump. He has been very clear that early next year will be the timing for the RM. He is taking all the right steps. The financials are in order. He just filed the OTCQB certification. They he just raised the OS to be able to give shares to the incoming company. All very methodical. This will pay off.
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