Rainer, I appreciate your two possible explanations. Everyone is really angry and is difficult to express coherent ideas. You always you get it.
Reverse mergers allow a private company to become public without raising capital, which considerably simplifies the process. While conventional IPOs can take months (even over a calendar year) to materialize, reverse mergers can take only a few weeks to complete (in some cases, in as little as 30 days). This saves management a lot of time and energy, ensuring that there is sufficient time devoted to running the company.
If
Reverse mergers is
without raising capital, a possible reverse merger with Rennova Health in not on the table. IMO.
Many companys are public wtih more than 70% of shares in hedge funds hands. No problem about it.
As usual, if they win you win. That´s true hedge fund has a 1000 bagger share and all of us only a 10 bagger share but, could be worst.
Yesterday public offering is not the worlds end. I just wanted to share this despite the forum criticize me.
GLTA sincerely