Emergent Health Corp (EMGE)

[powerbattles]

That's an excellent question. Speaking from my own perspective and experiences with reverse triangular mergers, one example I can recall is PMPG. They utilized a 251G process in Delaware to absolve previous debts during their merger with HVMC. PMPG emerged as the surviving entity in this triangular merger, with shares issued at a 1:1 ratio.

The recent increase in authorized shares from 200 million to 2 billion for KOAN suggests that they are preparing for a common share exchange. Additionally, we are nearing the completion of the 251G process. KOAN, as a shell company, has no revenue and tangible assets, making it challenging to assign a definitive value to its shares. Despite this, it currently trades at around $0.04 per share. On the other hand, EMGE, trading at $0.002 per share, boasts tangible assets and revenue. Therefore, a 1:1 exchange ratio similar to the HVMC case could make sense from a management perspective. Such an exchange would offer long-term shareholders the opportunity to acquire EMGE shares at a price equivalent to $0.04 per share, potentially adding GREAT value to their investments.

YUP! Flippers and the FAKE LONG are clueless, they don't understand and see the true value here.