EXACTLY,folks need to understand that the company is going to clean up that debt and sell the shell. Its worth money. Or else they would be doing a chapter 7 bye bye... These guys are not dumb.
Why would a private company with an on-going business want to reverse merge into a Shell Stock? The goal of the private company is to become a public company. There are many benefits in becoming a public company. The traditional method of becoming a public company, via an IPO (Initial Public Offering) can be very expensive and time consuming. Becoming public via a reverse merger is less expensive and much quicker.
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