Interesting. I just looked up another OTC/ penny stock I was interested in recently. They have several private companies that they purchased. I looked at the PR of one of them which was purchased 100% in common stock and still remains private UNDER the publically traded company.
Does anyone know an example of one that is acquired vs. RM?
Just curious has CLX mentioned they are looking for a name change? If not, this may make sense as they just wanted access to capital. If they did mention a name change after RM then I don't see how it would work as they would be traded in public under their own name.
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