DOLV is an example it is being reverse merged by a Billion dollar company and everyone is waiting for FINRA to change its ticker symbol which can be any minute now any day but I only mentioned this because you asked for "another example" and the Jinbo Chinese Holding company also has Billions it's not always "the cost" it's also faster easier to reverse merge into a OTC Shell then take it to Nasdaq. Going IPO or other methods is more expensive and takes much longer can be years and more complicated paperwork. Also just because a company has or makes Billions doesn't mean they waste money they still try to save every dollar meaning if it's only $100,000 and a few months to complete a Reverse Merger into a clean OTC Shell vs. millions and years later guess which one the company will choose? So your questions and arguments are not valid and DOLV is only one example there are many others that's why companies choose to reverse merger into a clean OTC Shell in the first place! If it "doesn't make sense" no one would do it.
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