IGPK tried to get an inteligent answer this morning but there wasn't any inteligant answers ? just jumped into this stock couple days ago with all the buzz,, so not so familiar with all going on here,,, looking for quick update if some one could ? I asked this morning where it was listed for a reverse split /// reverse merger that i beleive was fake,,, i combed thru all the sec filings 8k's looking but nowhere could i find in last 3 years where they mention r/s,, i do understand they are not current but if r/s is even thought of it has to be legaly posted in an 8k to my understanding,,, there latest filing was 3/1/24 form sc-13g/a and prior 15-12g on 6/15/23 ,,nothing there,,,, last 8-k/a filed 4/10/23 ,, i went so far as to check back to 2022 and possible i missed something but no where can i find legit proof,,,, here below is an insertion from sec page ,,i just took the part about the 8k,,, i can copy whole article of reverse merger if asked,,,, if i am wrong please explain,,, thanks !!
Why Pursue a Reverse Merger?
A private operating company may pursue a reverse
merger in order to facilitate its access to the capital markets, including the liquidity that comes with
having its stock quoted on a market or listed on an
exchange. Private operating companies generally have
access only to private forms of equity, while public
companies potentially have access to funding from a
broader pool of public investors. A reverse merger
often is perceived to be a quicker and cheaper method
of “going public” than an initial public offering (IPO).
The legal and accounting fees associated with a reverse
merger tend to be lower than for an IPO. And while
the public shell company is required to report the
reverse merger in a Form 8-K filing with the SEC,
there are no registration requirements under the
Securities Act of 1933 as there would be for an IPO.
In addition, being public may give a company increased value in the eyes of potential acquirers.
Trading Reverse Merger Company Stock
