When the financials come out for the new entity, in my opinion this stock could go as high as $2. They merged because they wanted to become a public company to give value to the new entity and presumably to create value to the new shareholders (as well as the existing shareholders). In my opinion, the potential upside is huge compared to the downside risk. Do your own due diligence but to me opportunities like this don't happen offer. I remember when a shell selling for less than 1 cent was merged with a company that owned certain assets previously owned by the Elvis Presley estate. I believe the stock immediately shot up to $6 or so. You have to look at the new entity and it's potential. Enjoy the ride.
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