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Re: Golfnut3 post# 35209

Thursday, 12/15/2022 8:48:56 PM

Thursday, December 15, 2022 8:48:56 PM

Post# of 35398
Here me out. I found a book talking about reverse mergers and it more or less spelled out the playbook for these types of plays. One of the interesting things I read was the author recommending that the new merging company completely ignore their stock tickers and simply focus on the company itself.

This makes a ton of sense because it does a few things. First off it consolidates the shares out of the hands of quick flippers and gets them into stronger hands, which will be better for the share price in the big picture. It also allows the company to focus on building the company and by the time they decide to start to update the market, they've already got quite a bit of momentum going. IMO that's what we're seeing with merger plays like $NOUV and $OCLG (same owner). These guys didn't buy up control of these shells to never do anything with them. The silence is all part of their game plan imo.

Here's the link to the merger book. http://www.untag-smd.ac.id/files/Perpustakaan_Digital_1/CORPORATE%20FINANCE%20Reverse%20Mergers.%20Taking%20a%20Company%20Public%20Without%20an%20IPO.pdf

Highly recommend everyone who is playing R/Ms should educate themselves on how these things go, but the more I learn about them the more I think there are quite a few big time runners waiting for these shells that found news homes but have gone radio silent.