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Non-Tech : The Children's Beverage Group (TCBG) -- Ignore unavailable to you. Want to Upgrade?

To: RJC2006 who wrote (2045)	11/6/1998 4:47:00 PM
From: Dave Shoe	Read Replies (1) \| Respond to of 2452

My previous post (#2040) stated: >>>I was also interested to learn that TCBG did not >>>start selling their stock in the $5.00 to $8.00 >>>range, as the charts I've examined (Quote.com, etc) >>>suggest. The IPO was for far, far less than this. Clarification: As I presently understand it, TCBG never had an IPO because it was formed with a 'reverse merger'. This is an alternate method of taking a company public. A reverse merger involves taking over the stock(?) and assets(?) of a non-profitable(?) established company (a 'shell' company, the name of which has previously been posted here). I still don't understand the process details, but will continue to try to figure them out. I just wanted to clarify that TCBG was not formed by an IPO. Shoe.