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Re: Durkkdiggler post# 41258

Sunday, 08/16/2009 9:12:39 PM

Sunday, August 16, 2009 9:12:39 PM

Post# of 68510
The buyer's stock (Zenergy) did not continue to be traded. Zenergy changed it's Corporation into the Delaware Corp Paradigm and changed Paradigm to Zenergy and got a new ticker. Zenergy bacame Paradigm and then Paradigm became Zenergy. A reverse merger or acquisition - makes no difference what you call it - that's what happened.

And besides, we all know Zenergy has been a Nevada Corp for the 3 years previous. Did not just start last week.

"Distinction between Mergers and Acquisitions
Although they are often uttered in the same breath and used as though they were synonymous, the terms merger and acquisition mean slightly different things.

When one company takes over another and clearly established itself as the new owner, the purchase is called an acquisition. From a legal point of view, the target company ceases to exist, the buyer "swallows" the business and the buyer's stock continues to be traded."


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y