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2013-11-20 21:30 | Report Abuse
It's all in the links above... Sloppy accounting records, pending lawsuits, other unforeseen liabilities, abuses or fraud, legacy assets etc... Reverse takeover companies are more prone to these issues because it is a backdoor, fast and easy method that is not subject to strict regulatory scrutiny during listing. So what i'm saying is maybe Instacom has these issues and we should be extra careful!!
2013-11-20 21:15 | Report Abuse
it's the easier way to list, but there are additional risks for investors!
2013-11-20 21:14 | Report Abuse
Instacom Group was formed through the reverse take-over of I-Power Berhad right...
2013-11-20 21:06 | Report Abuse
http://www.investor.gov/news-alerts/investor-bulletins/reverse-mergers
I think we should all be extra careful with this counter...
2013-11-20 20:54 | Report Abuse
So far Anne and Ngu seem to be the "Angry/deceitful shareholders who are anxious to dump..."
Can it be that the company has “sloppy records, pending lawsuits, other unforeseen liabilities, abuses or fraud”?
2013-11-20 20:52 | Report Abuse
“Reverse takeovers always come with some history and some shareholders. Sometimes this history can be bad and manifest itself in the form of currently sloppy records, pending lawsuits and other unforeseen liabilities. Additionally, these shells may sometimes come with angry or deceitful shareholders who are anxious to "dump" their stock at the first chance they get.”
2013-11-20 20:52 | Report Abuse
People, check out these definitions for reverse takeover:
http://en.wikipedia.org/wiki/Reverse_takeover
Stock: [VINVEST]: VINVEST CAPITAL HOLDINGS BERHAD
2013-11-20 21:41 | Report Abuse
xmonster i guess you did not read any of the links. The risks are real - the US SEC themselves issued warning on reverse take over companies. Just look it up yourself. I will stay away from this counter until the Q3 results are out and the cloud is lifted on their so called "205M contract"