Comments on: What is an OTC: BB Shell? http://reverseshellmerger.com/2006/09/28/4/ Everything you need to know about Reverse Shell Mergers by Ralph Amato Mon, 01 Dec 2008 20:44:17 +0000 http://wordpress.org/?v=2.5.1 By: docomme http://reverseshellmerger.com/2006/09/28/4/#comment-15552 docomme Mon, 04 Aug 2008 14:54:15 +0000 http://reverseshellmerger.com/?p=4#comment-15552 In the essay, you wrote "To effect a reverse merger the CEO and/or Officers and Directors (the “Majority Shareholders”) must own at least 51% of the outstanding shares of common stock in the company." I have a case to acquire 51% preferred stock (issued and outstanding) of the Majority Shareholders. Does that work coz we are not talking about the outstanding common stock. Of course, the preferred stock can be converted to common stock by a ratio. thx In the essay, you wrote “To effect a reverse merger the CEO and/or Officers and Directors (the “Majority Shareholders”) must own at least 51% of the outstanding shares of common stock in the company.”

I have a case to acquire 51% preferred stock (issued and outstanding) of the Majority Shareholders. Does that work coz we are not talking about the outstanding common stock. Of course, the preferred stock can be converted to common stock by a ratio. thx

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