Derbyblood,
Why are you so against this reverse merger play???
Salamon Group is merging with a company that has investment deals in Sunlogics, which does business with GM. Huge upside potential for Salamon group(SLMU)through this merger with SPFM.
Sunlogics power fund Investment Objective:
The fund has been established to invest in Sunlogics Inc. commercial solar power installations in North America. Projects will range in size from 20KW to as large as 10MW. All project investments will be identified and developed in partnership with Sunlogics Power Fund Management Inc. The net proceeds raised from subscribers will be contributed towards procurement of turnkey installations as identified and commissioned by SPFM. The fund targets returns of 10% to 15% from the cash flow generated from power sales of installations.
Again, Salamon group, Inc. has done a Reverse Merger with Sunlogics Power Fund Management Inc. Sunlogics Power does business with GM General Motors. THIS IS HUGE NEWS!!! Outstanding Shares is incredibly low @ 25 Million with A float around 5-7M. Market Capitalization at $1.00 would only be 25 million. Lots of potential upside here. JMHO