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Bull68

10/05/17 9:04 PM

#112762 RE: JEFFROCOLETRAIN #112759

Jeffro, it's pretty simply why I presume the other companies didn't have the same business plan, because medical mj wasn't legal in FL and OH in 2004, 05, 07, 08, 10, 12! This is a new business in an emerging market, and that's a real reason to jump in it!

Sucks for any investor to get caught with a bankrupt stock. I'm real close to many that were with Winn Dixie Supermarkets - people lost millions! Now, it's not fair to compare Winn Dixie with pinks, but to your position on PAOG - I do not see the logic in correlating a failed past company with different products/services and CEO/management to a completely different company/product/service under different CEO/management's perceived non-potential success...just because they purchased the shell.

Yes, there is still a bigger gamble down here, but I have more confidence in a business I can see, with customers receiving services and revenue being generated.
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LongShot_Louie

10/08/17 5:28 PM

#112796 RE: JEFFROCOLETRAIN #112759

OK, do you know the difference between......

the "up front costs" of starting from scratch and those associated with a "reverse merger" into a non-functioning shell? Sure doesn't appear that way. You may wish to educate yourself by reading this, or not.

A reverse merger (also known as a reverse takeover or reverse IPO) is a way for private companies to go public, typically through a simpler, shorter, and less expensive process. A conventional initial public offering (IPO) is more complicated and expensive, as private companies hire an investment bank to underwrite and issue shares of the soon-to-be public company.

http://www.investopedia.com/articles/stocks/09/introduction-reverse-mergers.asp