reply to my question from raging bull board:
clearcoat, yes GDC is likely merging to become a publically-trading company rather then go public through a SEC process. I believe GDC will become the surviving entity and Silverman will be the CEO. NNNC's current CEO will either depart or take on some other role.
As for NAZZ, I'm not sure what will happen there, but I see it more as a bonus! If it does also merge, and then spin-off, we simply own shares in two companies instead of one!
My focus and reason for being in NNNC now is the GDC merger. If it doesn't happen I'll simply sell out and move on!
GDC and Silverman have been associated with MOBL for over a year and I thought they would somehow marry up! But when I learned of the GDC/NNNC connection I took a position here for the potential. If the merger is consummated then I believe NNNC should change the symbol to GDCP and loose the old association of Nannaco. I think the new company will have great potential and so I plan to accumulate now, especially subpenny.
The MGMT, ADVISORY Board and GOALS of GDC are quite lofty as I'm sure you are aware!
Once again, however, I will sell and move on if the merger fails!
