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Re: apprenante post# 47937

Friday, 07/27/2012 7:15:28 PM

Friday, July 27, 2012 7:15:28 PM

Post# of 74729
I think you'll agree that ASYI, after divesting it's Airline Systems software is now a 'shell'??? Also an audit for previous 2 year's financials can be undertaken by an Audit firm during the RM process?

In a reverse takeover, shareholders of the private company purchase control of the public shell company and then merge it with the private company. The publicly traded corporation is called a "shell" since all that exists of the original company is its organizational structure


http://uk.ask.com/wiki/Reverse_takeover

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