XTRA Bitcoin Inc (CBTC)

[philtila]

Some investors may not fully understand how a reverse merger works. Here is a article explaining how it works and why.

I like this part!

A reverse merger is a complex method that a private company uses to become a publicly traded corporation. Reverse mergers or reverse takeovers, happen when a public company that is no longer actively involved in business and has limited assets - that's why it's called a shell company or shell corporation - joins, or merges, with a private company. The private company buys most of the outstanding shares of the shell company, gaining control and seating its own board of directors. The resulting merged business entity becomes a new operating company and may change its name to better reflect the newly merged company's business purpose. "Therapy Cells, Inc."


http://www.tcc5.com/reverse-mergers.htm