Well stated BLight. These reverse mergers that take place in the OTC Pinks give investors (and flippers) shares at a discount in exchange for high risk of failure. I think we should assume that the company buying the shell should be 100% focused on their own success. We should assume that the company selling the shell should be 100% self-interested as well. Shareholders can't really claim foul on anything that doesn't go their way. The OTC Pinks are full of bad actors who will screw shareholders in a minute if they can make a buck. We need to be mentally prepared to have any OTC issue go to zero bid at any time and accept that risk, and if we can't, we need to make smaller bets. My 2 cents!
Exactly right bro, I been saying that and people don't listen; to call ourselves "shareholders" like we actually contributed to this company and have some kind of rights is silly. We were lucky enough to buy shares that were on the open market that Oncolix couldn't get as part of the merger. We got virtually free ownership in the company. They don't owe us, we're just along for the ride.
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