TopDollar Investing

[vantillian]

Reverse merger plays have been ON FIRE.

Between FCRZ and SPAL there's been some very nice gains this week. Today we saw some really nice volume on DYER. Though it puttered out a bit at the end of the day, this one really just began to see life again today IMO.

The ticker appears to be a super clean fully reporting OTCQB (even better than a OTCBB) that is being groomed for a potential reverse merger.

Based on some recent filings I'd like to make a case for why I think DYER could make a very big move. Here's the filing: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7219710

"On April 28, 2010, Belmont Partners, LLC entered into a material definitive agreement with the majority shareholder of the Company to acquire one hundred million two hundred fifty five thousand eight hundred ninety (100,255,890) shares of the Company’s common stock. As a result of the transaction, Belmont Partners, LLC controls approximately 66.26% of the Company’s outstanding capital stock."

So based on this statement from the recent 8-K we can deduce the following:

1. Because Belmont holds more than 10% of the company's stock they are classified as affiliates and cannot sell more than 1% of the entire o/s every 90 days. So we don't have to worry about them slamming the market with 100M shares in a week!!!

2. If Belmont holds 66% of the outstanding stock that means the current o/s is approximately 150,000,000.

3. Since Belmont classifies as an affiliate their stock is restricted, so we can deduce that in a worst-case scenario the float is still only about 50M shares. But there may be more restricted shares out there making the float even smaller. Judging by the way it moved so easily on light buying pressure today I'd be surprised if the float was bigger than 35M.

4. Here's where it starts getting *really* good. The old president of DYER left and Joseph Meuse has filled the spot. Check this out:

"SECTION 5 – CORPORATE GOVERNANCE AND MANAGEMENT
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On April 28, 2010, Joseph Meuse was appointed to the Board of Directors as well as President of the Company. On the same date, James Ditanna resigned from all positions held in the Company."

These actions happened in late April 2010 but the filing just recently hit.

So, do you know *who* Jospeh Meuse is?

It's worthwhile to note that when Meuse stocks have a very noteworthy and established history of going on multi-bagger runs on large volume. To me it looks like he might just be cleaning up DYER and is about to put a nice company in here like he has done with so many before this one! Remember this is an OTCBQ...fully reporting...the highest level of transparency on the OTC.

The Van Scan assistant moderator KACsniper has summed the potential of DYER here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50074368&txt2find=meuse

It's interesting that KACsniper has compared the potential of DYER to IDCX. I think he's spot on! Meuse has been aggressive to perform reverse mergers lately, and his stocks have MOVED. With a 35Mish float, DYER could be a fantastic r/m play runner. Methinks its worth a few tickets peeps.