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Thursday, February 28, 2013 12:25:33 PM
Not suggesting ERBB is a shell with no operating business, but they could very well enable a larger concern to "go public" very quickly with very little hassle. Especially in this industry.
What is a Shell Stock? A Shell Stock is a publicly traded company that has no operating business. Many of them trade for pennies and are thought to be worthless. But after completing a Reverse Merger, they can explode in price and increase in value by 10 times, 20 times, and possibly over 100 times their original share price
What is a Reverse Merger? A Reverse Merger is a technique that allows a private company to become an instant public company. This alternative method for completing an IPO (Initial Public Offering) is the catalyst that makes the price of a Shell Stock explode!
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