RuleNo1

RuleNo1 | Joined since 2013-11-20

Investing Experience Advanced
Risk Profile Not Disclosed

Followers

0

Following

0

Blog Posts

0

Threads

59

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
59
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

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"

Stock

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!!

Stock

2013-11-20 21:15 | Report Abuse

it's the easier way to list, but there are additional risks for investors!

Stock

2013-11-20 21:14 | Report Abuse

Instacom Group was formed through the reverse take-over of I-Power Berhad right...

Stock

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”?

Stock

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.”

Stock

2013-11-20 20:52 | Report Abuse

People, check out these definitions for reverse takeover:

http://en.wikipedia.org/wiki/Reverse_takeover