Also, In the Ibox you'll find links to other boards that post about Reverse Mergers.
As far as strategy, that's a tough one because as with all trading there are many different trading styles. Personally, after trading shells and going through quite a few Reverse Mergers over the years, I like to wait until the merger is actually completed before I jump in. There are just too many unknowns early on and the risk usually doesn't justify the reward IMO.
Check out some of the links and feel free to ask questions. I'll do my best to answer.