I would agree that's what's going to happen. I don't see, as others have indicated, that an IPO will happen in that situation....but I'm clueless to the mechanics of whether or not that happens. I think a shell already has a given amount of shares and a worth (positive or negative) when a company takes it over. They may leave it as is, f/s or r/s but I never heard the term IPO connected with a pinksheet. What's factual here is they PR'd it was going to be a pinksheet. What's not factual is they will IPO. I was just trying to get clarification from the poster who said that.
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