
11-29-2009, 12:08 PM
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Senior Member
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Join Date: Oct 2009
Posts: 127
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Reverse Merger: The acquisition of a public company by a private company, allowing th
Reverse Merger: The acquisition of a public company by a private company, allowing the private company to bypass the usually lengthy and complex process of going public.
QEDN: The merger provides for the shareholders of ProRemote to receive approximately 75% of the issued and outstanding common stock of QED Connect at closing, which is expected to occur no later than January 8, 2010 (We already know the estimated closing date)!!
PENNYLAND coming very soon when people notices QEDN reverse merger with ProRemote (the private company turning public by merging with QEDN). Get in early and you shall be very happy!!
PR about the merger:
QED Connect Merger Partner Seeking to Finalize Contract
List of REVERSE MERGERS Currently and from the Past:
1) HMDI went from subpenny to .51 in ONE day on a reverse merger news.
2) XTend Medical (XMDC) Signs Letter of Intent to Merge With BioHarp, Korea (Went from sub-pennies to PENNY LAND). Merger still pending.
3) ECash Inc. Signs Letter of Intent to Acquire MetaHealth Inc. Assets
4) IFST: Rumors of reverse merger (Form:15-12G was filed) took it to PENNY LAND
5) CAML Rumors of reverse merger
6) UPSN (Up 700% on completion of reverse merger)
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