That just is not true. There are often sell offs with reverse mergers. First of all everyones shares were cut to nothing. The major thing we have no clue what type of success the Novacab company has. It is a headache often for a private company to go public and deal with shareholders. So why are they going public? Most likely because they need money. So the only way to do this is dilution or using shares to acquire financing. So once the OS is diluted back to billions via the huge AS the PPS will follow with it lower and lower. Novacab has major competition and is a very small player in the USA and Canada. So I would not expect to get rich. Until we see actual financials and revenues we have no clue what type of market cap to put on this company. They may have no cash flow and a small profit margin so who knows yet what this market cap could be. But one for sure thing every share diluted devalues PPS.If the shell was clean and there were not Pump and Dump promoters previously involved the outcome might be more optimistic.
You will also notice the previous tickers on this shell. Many of which were trucking companies that had something to do with semis and transportation. That is also a little shady. We do know thru filings the new company novacab will betaking on SBRHDs debt. So they will be starting with a debt of at least $270,000. There website is also funny I wonder how long ago it was built. http://www.novacab.ca/. You will notice at the top of the page on there website it says some words they are "savings", "CONFORT" I think they mean "COMFORT. But they are french canada so I will give them some slack on using the french word. The novacab climate control system is a luxury many truck drivers have a system that is much less money already installed. So there system would be considered an upgrade to a stock semi. There is a massive installation fee also because they have to go back over the existing system and replace wires and knobs.
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