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Re: WayneC777 post# 250777

Wednesday, 06/20/2007 10:20:48 AM

Wednesday, June 20, 2007 10:20:48 AM

Post# of 286611
wayne..a copy and paste for you...but it is what is in some cases......and this is how a reverse split can come into play:

reverse takeover

In business, situation where a smaller company takes over a larger one. This may be a company's strategy to avoid a hostile takeover by selling itself to a white knight.

The term is also used to describe the situation where a private company buys a publicly listed company. This is often the most cost-effective method of obtaining a public listing because it avoids the expense associated with a flotation. The private company may reverse in to cash shell, that is a company that is publicly listed but no longer actively trades, having sold off the majority of its assets





...and with the bold print..comes the share restructure....given


.....don't predict anything...........especially 4 months out...poor sample given all that can happen(imo)....have fun!

sinc,

bill