Replies to post #66319 on Hong Yuan Holding Group (HGYN)

[daman45]

https://news.bloomberglaw.com/bloomberg-law-analysis/analysis-reverse-mergers-reach-record-high-even-without-spacs Hempacco is a legitimate company.....worth $4.6 billion and they were the largest non SPAC reverse merger last year. Why did'nt they do a "proper IPO" like all companies do? There were many other non spac reverse mergers with many average deals being in the over $400 million range. Why did those companies "hand ownership" over to those "pie in the sky" shell investors ? They must have been "out of their minds".