InvestorsHub Logo

DaddyR

07/20/17 10:06 AM

#34663 RE: MilitaryMAN #34659

Absolutely NOT the same as a reverse split. Reverse split is when company takes your 1,000 shares, and give you 1 back. (1000:1 split) Can be good for big board stocks and good in theory for any stock...Normally kills penny and subpenny stocks if it happens.


Reverse Merger is as you said, private company going public. Many here speculate that our agreement with Lakeshore Recycling Systems (LRS) might really be an eventual play for Lakeshore to go public, by taking over ECOS. All speculation of course.

What lakeshore does have right now, is an agreement to purchase these digesters, and lets hope they put out news soon that they are agreeing to purchase more.

Good luck!

$ECOS

achron

07/20/17 10:11 AM

#34666 RE: MilitaryMAN #34659

RM is when a private company uses a shell to go public, much cheaper and faster than the standard ipo. It is most definitely not an R/S. RM's are as awesome as R/S's are horrible.

STOXMONSTER

07/20/17 10:25 AM

#34677 RE: MilitaryMAN #34659

Not at all same as reverse split. RS is always horrible for shareholders. Management has said no RS in sight.

Now a RM (Reverse Merger) is possible as LRS is a private company with 100 Million Dollar revenues. That is the kind of company that would want to go public. ECOS being such a close partner and a publicly traded shell makes them a perfect vehicle to RM into to become public themselves.

GO ECOS

STOXMONSTER

07/20/17 10:25 AM

#34678 RE: MilitaryMAN #34659

Not at all same as reverse split. RS is always horrible for shareholders. Management has said no RS in sight.

Now a RM (Reverse Merger) is possible as LRS is a private company with 100 Million Dollar revenues. That is the kind of company that would want to go public. ECOS being such a close partner and a publicly traded shell makes them a perfect vehicle to RM into to become public themselves.

GO ECOS