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Myth

12/16/09 7:49 PM

#13263 RE: scotyler100 #13259

scot, a reverse merger is a co that wants to go public who does a r/m with a shell. Most of the time its Chinese co's, but not always. Its quicker and cheaper than doing an IPO.
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Myth

12/16/09 7:54 PM

#13265 RE: scotyler100 #13259

Listen to this scot...

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samalone

12/16/09 8:01 PM

#13268 RE: scotyler100 #13259

If they reverse merger and we lose our symbol then shut the door and say goodnight Gracie, it's over. This is NOT good for shareholders, period, we lose. Seriously no bashing here, pray this rumor isn't true.
Also, I was the first one here to say the Facebook thing will hurt the company, it is with rumors like this.

I see, now I'm called names for telling the truth? CBAI is the publicly traded company. A private company would reverse merge into CBAI is how it would work. The private company would get most of the shares. Of course this is all speculation and rumor from what I see was started right here on this board and on Facebook. This is the FIRST time I have ever talked about it only because it was brought up here so don't jump me, I didn't start this.
IF some of you don't know what a reverse merger is then I suggest you learn about it before making personal attacks ok.
That's all I have to say about it, I'm done.