Replies to post #13 on Parallel Tech Inc (fka PLLK)

[mberto]

Wolfin


the million dollar question is just that,what will the share struture be.Until it is announced I believe this stock is headed straight up and when they announce it.

I think it in the new companies best interest to maintain a reasonable share struture for future trading in this stock.

[mberto]

Shell Stocks has an ALERT for PLLK



11/11/2005

REVERSE MERGER: Our Profile List stock Parallel Technologies, Inc. (OTCBB: PLLK 0.025 x 0.027) issued a 10Q that included information that they have entered into a Stock Purchase Agreement with Dalian Fushi Bimetallic Manufacturing Company, Ltd. Dalian Fushi is a corporation organized under the laws of the Peoples Republic of China which manufactures and sells in China copper clad aluminum wire and copper clad steel wire. Simultaneously with the closing of the Stock Purchase Agreement, the Company expects to complete a series of transactions, contemplated pursuant to a nonbinding letter of intent between Dalian Fushi and certain potential investors, to effect, or have substantially the effect of, a reverse merger of the Company with Dalian Fushi. Dalian Fushi and the Company are in the process of negotiating with these certain potential investors regarding the structure and consummation of these transactions

[PieSky]

Hi wolfin... I'm as new to this as you are, so can't answer all your questions, though mberto has laid out the basics in his posts (thx mberto). I suggest you give all his posts a read first.

Here's a simplified overview that might help. It's only my understanding of the Dalian & PLLK reverse merger, and may be incorrect - so feel free to correct it (I've been hurt before...lol)