Share Monday, August 22, 2011 1:13:55 PM
Re: MakinBank post# 167 Post # of 261
This is what a Real Shell Reverse Merger Play looks like...no made up mergers. Right from their last filing. Float 7 million. Merger talks.
LUXD: Shares O/S 51 million, float is around 7 million
Insiders own around 43.5 million of the 51 million shares O/S.
As of July 8, 2011 the Company is in active negations with a party to do a reverse merger which will result in a change of control of the Company with a new, different and considerably larger business being vended into the Company
The Company is engaged in negotiations to do a reverse merger with a larger Company operating in a different field. If successfully completed the transaction would create greater liquidity for the new Company.
The Company is currently in negotiation to do a reverse merger with a larger Company with far greater liquidity then Lux
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