If Varmit is correct then I would expect to see a reverse merger in the not so distant future after the current deal is really completed.
I hope he is correct!!
FFGO has done alot to make themselves a clean shell company.
JMO
Reverse Merger with an OTC Shell -- How a reverse merger deal works The public shell has existing public shareholders who may own 10% to 50% of the public company. The private company has substantial assets and business. The two companies merge to form one surviving public company with stock in public hands and substantial assets and business. This is called a reverse merger because the smaller public company is acquiring the larger private company. In an ordinary merger, the larger company usually acquires the smaller company.
Step by Step You decide now to go public with an OTC shell in a reverse merger
You locate a clean public shell and negotiate with the seller
You sign a purchase agreement
Due diligence and accounting statements are prepared
Merger documents are prepared and the merger is consummated
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