Yeah I read your post after I submitted mines. I have no clue what to expect and certainly not gonna make any assumptions. I'll just put these shares on the back burner and put in some GTC orders and wish for the best. PR PLEASE!
Let us not forget too that Vincent Molinari is the Chairman of the Board for Angel Acquisition and holds 100% of the Preferred A stock for the company. So, while it is true Gate Technologies bought controlling interest only in Angels in Action there is still a bigger piece of this puzzle that will involve the entire company in some way.
I am not feeling as positive about the outcome for current shareholders as I once did, but that is just me. What I have learned is that it is common when this type of merger / acquisition takes place a massive R/S is done and its primary and only purpose is for taking out "insignificant investors." I have been doing a lot of reading up on mergers and acquisitions lately and as an investor what can be expected. Guess we will just have to wait and see.
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