GREY:BLKCF - Post by User
Post by
tradersam99on Mar 18, 2019 6:08pm
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Post# 29503087
Let's get something straight here...
Let's get something straight here...
I am not a member of the Yahoo message boards, but over there they are discussing how "X2 Games was bought by Global Blockchain"
Let's be clear here: X2 Games was NOT bought by anyone. X2 Games bought Global Blockchain in a REVERSE MERGER, then they changed the name to Global Gaming Technologies.
Nolan Bushnell has even said as much. This happens all the time...a REAL company like X2 Games wants to go Public, but they don't want to go through all the hassle of waiting and filing SEC forms, so instead THEY FIND A SHELL COMPANY like Global Blockchain that has no real assets and "Allow themselves to be bought."
In Reality, what happens is the REAL Company...in this case X2 Games...BUYS the SHELL Company via Reverse Merger...in the end, X2 is now Public, and they simply spin-off the other Crrap left over as some mining bullpucky.
Make No Mistake: Nolan Bushnell, Zai Ortiz, and X2 Games are in complete control of the entity now known as Global Gaming Technologies.