Shell Stocks & Reverse Mergers

[SW Investor]

I was introduced, by phone, to two guys in Dallas who are using shells to get companies to either the AMEx or NASDAQ. They came out of Solomon Brothers and Merrill Lynch and had been very active in the real IPO markets when those existed. For whatever its worth, their firm is Pegasus Funds and they seem to be very legit. I think they also have PE investments.