Hi wallymac. IMO, PTSC can most certainly acquire a "listed" company w/o effecting the agreement. PTSC would not be "selling" their portion of the MMP. Rather, they simply buy the "compatible" company according to SCC rules, merging with said company.
The combined company would then be listed on the NAS. Again, IMO, I believe they can merge and thus begin operations/trading under a NAS listed symbol.
Of course I may be using the term "reverse merger" incorrectly. It's been several months since I last researched the various avenues of acquisitions and mergers.
Not to worry. No doubt Mr. Pohl & Co. know the "whys & hows"
Take care -- SAM
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