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Microcap & Penny Stocks : Zia Sun(zsun)

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To: R.E.B. who wrote (3596)7/22/1999 12:08:00 AM
From: Eric Fader  Read Replies (4) of 10354
 
<I'm not sure about the registration in another state. I will have to check into that one.>

If that refers to, say, a Nevada corporation "reincorporating" in Delaware -- generally accomplished by means of a "reverse triangular merger" -- it would result in a completely new legal entity. New CUSIP number, new stock certificates, the whole works. Holders of the Nevada corporation's certificates would have a certain period of time in which to submit their certificates for cancellation and to receive the new ones. The effect would be the same as the legendary Riley G-style "Call In Your Certs!" campaign, with one difference: it might actually work.
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