TSXV:RBI.H - Post by User
Comment by
123thebeston Mar 18, 2018 8:16pm
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Post# 27736890
RE:Ideas
RE:IdeasIf this breaks the wall at .04 she’s gonna run up to .10 very fast - if the RTO occurs this thing will skyrocket - regardless of what the bashers say, two things should be notable here - 1) an insane amount of support for a stock that normally should be in no mans land - and 2) the managing director of a major investment firm ( who also sits on the boards of several public and private companies) has accumulated millions of shares - this doesn’t happen for no reason - this will be huge
A reverse merger is an attractive strategic option for managers of private companies to gain public company status. It is a less time-consuming and less costly alternative to the conventional IPO. As a public company, management can enjoy greater flexibility in terms of financing alternatives, and the company's investors can also enjoy greater liquidity.