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Real Brands Closes Merger With Canadian American Standard Hemp
Tuesday, October 27, 2020 - 12:39pm | 307Real Brands Inc. (OTCPK: RLBD) confirmed Tuesday, it has finalized the acquisition of Canadian American Standard Hemp Inc. Under the reverse merger deal, CASH shareholders obtained majority control of Real Brands. CASH agreed to continue to operate as Real Brands’ wholly-owned subsidiary. In...
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Social Capital CEO Chamath Palihapitiya Plans SPACs From IPOA To IPOZ
Monday, September 14, 2020 - 3:27pm | 891Chamath Palihapitiya has been one of the key figures in the special purpose acquisition company market, bringing three SPACs public under the tickers "IPOA," "IPOB" and "IPOC" on the New York Stock Exchange. Social Capital Hedosophia SPACs: Palihapitiya...
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CannLabs Executives Talk Expansion And Becoming The FDA Of Cannabis
Tuesday, July 1, 2014 - 10:20am | 773One of the marijuana-based companies meeting with the public at this week's Weedstock Cannabis Investor Conference in Denver is CannLabs (OTC: SDSPD). The cannabis testing service, state-licensed in Colorado, recently went public via a reserve merger and has ambitious expansion plans. (Its...
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EXCLUSIVE: Find Value in Reverse Merger Private Deals
Wednesday, July 3, 2013 - 12:54pm | 497Tired of trading at fraud levels and being manipulated by the market, Chinese reverse merger companies have been taking themselves off the exchanges and going private. Feihe International (NYSE: ADY), Zhongpin(NASDAQ: HOGS) and 7 Days Holdings (NYSE: SVN) are three of the most recent companies...
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Reverse Mergers: Scam or Ultimate Value Buy?
Friday, June 21, 2013 - 1:16pm | 536Several Chinese companies have taken criticism for lacking legitimacy, rocketing multiples to outstanding lows. Reverse Merger Process A lot of the concern for these companies arises from the reverse merger process. To avoid costs of listing themselves on United States exchanges, the...
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Universal Travel Plunging On Earnings Report Delay (UTA)
Wednesday, March 30, 2011 - 4:20pm | 99Universal Travel (NYSE: UTA) dropped over 20% today after the company said it would delay its 2010 earnings report to a later date in 2011. The company is a reverse merger stock, which is a group of stocks that has been under intense scrutiny for their disclosure procedures and accounting...
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Is China Media Express A Fraud? (CCME)
Sunday, February 6, 2011 - 6:16pm | 4753Backstory Any fundamental analyst who takes a look at the operating metrics and balance sheet of China MediaExpress Holdings (NASDAQ: CCME) would find what appears to be a gem of a company. CCME reported net profit margins for Q3 of 2010 of 54.66% versus 43.48% in the year ago period. Operating...