InvestorsHub Logo
Followers 6
Posts 505
Boards Moderated 0
Alias Born 10/16/2009

Re: jimstock post# 36366

Thursday, 07/01/2010 12:21:19 PM

Thursday, July 01, 2010 12:21:19 PM

Post# of 46576
Can you explain why it's taking so long too complete the merger? They said the DD would be back in early April. Why isn't it done yet? It's been 7 months, mergers shouldn't take more than 3 months. RMDM has nothing to offer. They have no cash and no shares to issue. They only made 66K last quarter. This is not a difficult merger. The company increased paid in capital last qtr. by issuing roughly 1.8B shares for only 350K. Which means they weren't issued to anybody, they were sold. When the company said they would use them for the merger or retire them. They just flat out sold them, the balance sheet doesn't lie. That's a pretty big lie. You're still going to believe what this company tells you? Good luck with that. JMO