GREY:BLKCF - Post by User
Post by
tradersam99on Feb 17, 2019 8:32am
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Post# 29376589
Quick Explanation of Reverse Mergers if Interested
Quick Explanation of Reverse Mergers if Interested
A Reverse Merger is when a Private company with assets wants to be a public company without all the hassles of an IPO, so they find a Public Company with No assets and allow the public company to "buy" them.
In reality, the Private company is taking over the public company. In this case X2 Games took over control of Global Blockchain and changed the name to Global Gaming Technologies Corp.
Conngrats Folks... You are now owners of the new company founded by the founder of Atari.