Replies to post #77751 on Third Bench Inc (THBD)

[Grissle]

Great explanation PB.

Hopefully people understand how this works a little better now.

Third Bench is already a successful company and now being listed will allow them to grow much faster!

[BearRickPunch]

I know what a SPAC or a reverse merger is, but that isn't what is stated in this iBox or within the 8-k. It clearly states that NECA acquired Third Bench. So is it an acquisition or a reverse merger? If it's an acquisition then that means NECA acquired TB and is the parent company. If it's a reverse merger, then they are trying to bring to supposedly bring TB to be publicly traded in which has to be approved by the SEC.

The bigger question is this, "Why would TB want to do any business whatsoever with a company that is a known OTC scam and with a known OTC con-artist in CON-ouse?"