Category Archives: Reverse Merger

Let’s Play ‘Spot the Questionable, Small-Time Financial Structure’

Can you guess? I bet you can. Lets see . . . Colorado corporation organized for a completely different business?  Check. Ridiculous capital structure with enormous number of outstanding shares?  Check. Grandiose name?  Check. Lack of assets and revenues?  Check. … Continue reading

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Psychic Friends Network Revives As A Public Company After 1998 Bankruptcy

Cue cheap joke about how they should’ve known about the legislative and regulatory changes that led to their bankrupcy . . . Looking at today’s filings, we were struck by a strange sense of déjà vu, like a presence from … Continue reading

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One of the Funniest Things I’ve Read All Day. Newly Public Hydroponics Company Says It ‘May’ Be Deemed To Help Grow Pot

Terra Tech Corp. is now an SEC reporting company thanks to a reverse merger with a shell company that tried to make VOIP software many years ago.  Terra Tech‘s principal business is “the integration of best of breed hydroponic equipment with … Continue reading

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