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nezahualcoyotl2012

09/05/06 11:05 AM

#2904 RE: IAMSAM #2902

SAM: Could you explain in laymen's term what a reverse merger would mean for shareholders?

http://www.ipo-merge.com/reverse.htmla

From the link it seems we need to be a private co. to merge with a public co. to complete the reverse merger. Are we not a public co. already? TIA~!
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wallymac

09/05/06 12:17 PM

#2907 RE: IAMSAM #2902

I could be wrong but I don't believe we can reverse merge without losing our rights to the MMP portfolio. If I remember correctly there is a clause that neither company can sell the rights to the patent portfolio. I believe that is why they are talking of JV's and acquisitions.

GLTA
Wally
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buzzerb

09/05/06 12:29 PM

#2908 RE: IAMSAM #2902

Sam,

Turley dedicating more time to the company is REALLY good news. An aquisition is not far away me thinks.

Buzz