Fineline Holdings inc. (fka FNLH)

[investlite]

denney, if i understand correctly here is what is going on in plain english:

As a holdings company FNLH can pretty well take on any privately owned company letting them bypass an IPO. so we have another company (not related to petry) that would like to become publicly traded. so they go shell hunting. find a suitable share structure and what not then r/m into the shell which in this case is FNLH. but the situation changes a little because they are basically coming in to keep the shell from being wiped off the face of the earth so they are ridding themselves of all the trash they can (bob).

If the SEC accepts this deal it should work out in good favor to the shareholder (which is who the SEC should protect).

Thats my take on it, I'm sure its not a perfect explanation but that's the gist of it.