Monday, September 27, 2010 1:25:31 AM
Your thoughts on this will be appreciated.
What if the plan is for a company to do a reverse merger into Arvana? The new public company can go public cheap and issue more shares for immediate capital. Very cheap and preffered way for many small companies to get quick cash.
However, they could do a reverse split and/or lockup on existing shareholders. They may not want you dumping your stock. I believe they can restrict the shares of existing shareholders in a lockup period for, say, a year. Seems very unethical, and I don't know why it would be legal. But it is. I can only wonder if it's because some Congressman got a kickback at some point in the past? Just pure speculation.
So, what IFF is my question.
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