Flexpower Inc. (FLXP)

[PayDirt!]

Qestion; when the private company pays for the shell(who is us) Who gets the money if we have merged?


The transaction involves the private and shell company exchanging information on each other, negotiating the merger terms, and signing a share exchange agreement. At the closing the public shell company issues a substantial majority of its shares and the board control to the shareholders of the private company. The private company shareholders pay for the shell and contribute their private company shares to the shell company and the private company is now public.