There was no merger between Vinification Ventures, Inc. and Geerlings and Wade, Inc. Rather, Geerlings and Wade, Inc. changed its name on 9/3/9 to Vinification Ventures, Inc., having sold off its online business to an unnamed bidder, which turned out to be winetasting.com, which I believe is also publicly traded. The former Geerlings and Wade, Inc., now Vinification Ventures, Inc., then focused on its "Traveling Vineyards" line of business, which as is pretty obvious, racked up ~$6 million in debt, ran into illiquidity, and then filed for Ch. 7 Bankruptcy, which does not protect the holders of the shell from holders of the debt.
There is another firm based out of Napa Valley, California, often referred to as Geerlings and Wade, but it is merely a brand, rather than the actual name of the controlling firm. This firm owns the site winetasting.com, as well as some other wine-vending sites. This is not associated with the ticker, GEER.
I'm not a professional and I'm receptive to counter-evidence.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.