InvestorsHub Logo
icon url

Logic1

08/28/14 4:06 PM

#136860 RE: Dbrown13 #136857

So in my opinion we would be better off with a reverse merger with a decent company? In short that along with the license and merger ie r/s would decrease shares increase price and if the company we merge with is in good financial order we could up list. Does that sound logical.?
icon url

newmedman

08/28/14 4:10 PM

#136861 RE: Dbrown13 #136857

That's never a good thing. Are people really that gullible?

You would end up with a smaller number of shares of the merged company. 1 new share for every 5 old fitx shares for instance.



is that you Bill? ;-)
lol.

The whole trick to a deal like that is that one of the entities needs to make money in the form of sales outside of stock certificates. Wether the stock prices at 10 dollars or .001, no money means it is still worth ZERO.

I'd love to see them try to pull that off though.. It would be a hoot.