Replies to post #4694 on Fifty 1 Labs Inc (FITY)

[Churak]

It's not so much the cost but the time frame. Much easier & quicker to sell assets & liabilities to a reporting company I guess. I don't have the answers...BUT...Janice prolly does...

[janice shell]

Well.... It's possible that the 32 shareholders could make a nice profit. But as you point out, that's contingent on a lot of factors, and even the original shareholders won't have all that much control over those factors.

When a shell is sold, usually the original shareholders want out as quickly as possible. Sometimes their insider stock is registered in conjunction with the reverse merger, and they dump right away.

So I'm always wary of deals like this one. And...call me paranoid, but it sounds just a tiny touch like GVRP...

Still not up to speed here, but I'll try to get a grip over the next few days.

[SAMNOTSAMUEL]

Phil,

I think the only argument based on my limited knowledge of paying much for a shell (and I am not sure what we are paying for it versus to insiders) would be if this greases the wheels to get a nice acquisition done.

There is some room to speculate that way as the company press release indicates wanting to use the stock better as currency.

sam