It's called a reverse merger. Instead of creating a company and going through all the red tape of getting it approved as a public company, you find a small, shell company that is already listed and basically doing nothing. You then merge the two companies together, adding your capital and technology to their public company that is already approved, and abracadabra ... you have a public company up and running in a fraction of the time.
Have not checked it out, but this is likely legit. Also, could be a good investment.
It's called a reverse merger. Instead of creating a company and going through all the red tape of getting it approved as a public company, you find a small, shell company that is already listed and basically doing nothing. You then merge the two companies together, adding your capital and technology to their public company that is already approved, and abracadabra ... you have a public company up and running in a fraction of the time.
Have not checked it out, but this is likely legit. Also, could be a good investment.