Replies to post #639 on China Networks International Holdings Ltd. (CNWHF)

[dinogreeves]

This one needs to be sticky please.

[bigstocksnbonds]

Would you recommend I grab a starter here in CNWHF today? How high can it go do you feel? Thanks lots!! : ) $$$$$$

[pennypauly]

What is a SPAC?

SPACs are public vehicles that contain cash and a management team searching for a target partner: they exist solely to merge with a private company that wants to go public. SPACs are alternative go-public vehicles to IPOs that offer certain advantages, notably speed, cost, transparency and flexibility. In addition to IPOs, historically, biotech companies have used reverse mergers to go public so your readers may have some experience with that alternative to an IPO. SPACs offer a much better version of that old reverse merger transaction in that they are clean publicly traded platforms, they have no legacy issues, and they have a pool of cash raised in their own IPO. We think SPACs are a much better go-public path than merging with a pre-existing shell.

[pennypauly]

Working on the sticky

[Major_Bankz]

0.40 OPEN, WILL be HUGE!

[Smith15]

In one of the threads I read by dinogreeves it talked about SPACs being a better alternative then a reverse merger into a shell company. How does a SPAC benefit CNWHF if the article suggested a SPAC over a reverse merger into a shell? Any thoughts on this will be much appropriated and I’m certain it will answer questions others on this board may have. This board has been a pleasure compared to many of the other boards that are out there. Everyone seems to want to help people like me understand and feel confident in my investment with CNWHF. Thank you again in advance for your responses.