Phoenix Associates Land Syndicate (fka PBLSQ)

[EDDIEHAZEL]

so, if there is no dilution and no reverse split, how does the acquiring company get control of the company? They do not get the shares from the previous management, or current shareholders it is their personal property. any shares authorized but not yet issued would be dilution, and there are no more shares to issue on pbls, they are at their max or very very close to it..the new company would have to be issued shares in order to have control of the company...
so assume there are 3 billion shares here, which there are,,
and mini mar/SA, llc gets "custody" but owns no shares, how do they deliver a shell? the new company insiders would also have no shares, and would effectively give their company away to the previous shareholders...
If you answer that one, i'm in. I only have 3 posts a day, but i will comment on your answer.