Replies to post #34177 on Rimrock Gold Corp (RMRK)

[texan279]

You just took the panic out of me lol...you're 100 percent right, most here expected a reverse merger all along...excellent post

[brt100]

January?

[soybanzai]

Yup here is the paragraph from the 10q:

Investing Activities

Net cash used in investing activities for the period from inception, March 9, 2017, through September 30, 2017 was $143,577. Net cash was primarily used for an investment of $108,250 in connection with a potential business combination, as well as $1,500 for trademark fees and equipment for $33,827.

Business combination is totally different language than the previous acquisition, which could lead me to believe it IS indeed a R/M, or as someone previously suggested, a reverse triangle merger (see below for def)

A reverse triangular merger is the formation of a new company that occurs when an acquiring company creates a subsidiary, the subsidiary purchases the target company and the subsidiary is then absorbed by the target company

[JPGetty]

Acquisition still on.

At that time, the business will be Crypto company business placed in the RMRK shell, and not old Rimrock business operations.

Still good here.

[BeerIsGood]

The negative side is it looks like a January acquisition now.

Gives them more time to buy shares on the open market.

They addressed the low float in the 10-Q but not a solution.

Assumption is RMRK is the solution.

[moonaj89]

why do you say january? all i see is "2018"