Wialan Technologies Inc (WLAN)

[newmillionaire]

Examples of Successful Reverse Mergers with Public Shells
Nearly half of the companies trading on the OTCBB Exchange went public via a reverse merger. The term “Reverse Merger” dates back to the early 1950’s when Armand Hammer a world renowned oil magnate merged a shell company with Occidental Petroleum.

Blockbuster Video went public via a reverse merger.

Ted Turner completed a reverse merger with Rice Broadcasting which went on to become Turner Broadcasting.

In 1996, Muriel Siebert, renown as the first woman member of the New York Stock Exchange, took her brokerage firm public by reverse merging with J. Michaels, a defunct Brooklyn Furniture company.

One of the Dot Com fallen angels, Rare Medium (RRRR), merged with a lackluster refrigeration company and changed the entire business. This was a $2 stock in 1998, which found its way over $90 in 2000.

Acclaim Entertainment (AKLM) merged into non-operating Tele-Communications in 1994.