Sunrise Consulting Group Inc (SNRS)

[lbdave]

The reason private companies merge into public companies is for the purpose of gaining access to capital funding. It's a clean, and basically debt free way to generate operating/growth funds. The problem with a RM into SNRS is the main thing that would need to be cleaned up is the share structure, and we all know how that's accomplished. With the current OS at approx 18 billion, and liquidity at a bare minimum, why would anyone want to merge into this shell in it's current condition? Even if they achieve the current information tier, without share restructuring it would almost be imposible to generate funding for any type of massive expansion. JMO