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Re: theosx post# 4

Wednesday, 01/01/2003 1:15:53 PM

Wednesday, January 01, 2003 1:15:53 PM

Post# of 108
I understand the advantages of doing a reverse merger, but what I'm asking is, what is the advantage of using a pre-existing "shell" to reverse merge into, over doing a registration statement with the SEC (register stock, initial filing) and initiating trading yourself on the pinks, OTC/BBX by way of the 15c211?

It's probably much like building a house from the ground up or buying an existing house. You might be able to save some costs if you can do a lot of the "building" yourself. By going from scratch there is nothing hiding in the closet.

But with the buying existing home, you get to move right in.

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