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PennyWorld

09/05/04 7:23 PM

#1181 RE: IL Padrino #1180

IL Padrino/DrLarzo.... looking at the glass half empty I ask the question... how can Fayiz reduce the O/S without doing an R/S? I'm no expert in this area. Possibly a reverse merger with that phantom company that we hear about on yahoo. The question is ... with a reverse merger or a parent buyout (CDIK being bought out by some other entity) leave us holding the bag, while Fayiz is holding the gold?

1 definition of a reverse merger....
The acquisition of a public company by a private company, allowing the private company to bypass the usually lengthy and complex process of going public.