Replies to post #66226 on Hong Yuan Holding Group (HGYN)

[trader59]

No legitimate “NASDAQ ready” company is going to go public by merging into a dead, empty, stinky pink shell, effectively handing over equity ownership to the shareholders. They go public by doing a proper IPO and selling stock to the public to raise capital for their business. The shares in this company were sold long ago, that money is gone, and it would be stupid for any company to allow those shares to own any piece of a company that merged in. That’s why all these easy reverse mergers on the OTC are all scams.

[Refined Sugar Kills]

Early next year could mean first half of next year, indicating a late June deadline; according to Wang.