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06/27/12 8:01 PM

#41417 RE: brandmcs5211 #41411

lacks merit?Not according to FINRA
Here is FINRA's description of a reverse merger transaction:

In a reverse merger transaction, an existing public “shell company,” which is a public reporting company with few or no operations, acquires a private operating company—usually one that is seeking access to funding in the U.S. capital markets.

Here is a link:
http://www.sec.gov/investor/alerts/reversemergers.pdf