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Monday, 11/16/2009 10:16:27 PM

Monday, November 16, 2009 10:16:27 PM

Post# of 4679
Here is how it will play out imo..

You guys know how I like to get long winded, but here is what will play out imo. Palmaz Scientific, CT Holdings, and CDSS Wind Down (CWDW) are going to complete what is called a triangle reverse merger. Sounds confusing but this is how I think it will play out.

Basically in a reverse triangular merger, a subsidiary ("Sub") of the acquiring corporation ("Acquiring") merges into the target corporation ("Target"). Acquiring's Sub stock is converted into Target stock and the former Target shareholders receive the merger consideration in exchange for their Target stock.

Sound familiar? Solomon has done this before with another medical device company:

http://www.medicaldesignonline.com/article.mvc/Xcorporeal-Inc-And-CT-Holdings-Enterprises-In-0001

Notice back then Xcorporeal had also done a REGDEX (link below) and it also states it in the article above about the private placement:

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001382496&owner=exclude&count=40

Here is Palmaz’s:

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001432568&type=REGDEX&dateb=&owner=exclude&count=40

Again, don’t panic if they announce a reverse split or announce CWDW will only own a little bit of the new company, see my explanation here:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42486292

All thoughts are welcome..

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