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TOPIC: ANML(E) - Animal Cloning Sciences, Inc.

ANML(E) - Animal Cloning Sciences, Inc. 12 years 7 months ago #1010

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[Re: ANML owner did r/m with other shell company,,,]
There is no set standard in what happens, they can structure the reverse merger in any number of different ways. You can read through the other listed reverse merger deals to see how they were structured.
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ANML(E) - Animal Cloning Sciences, Inc. 12 years 7 months ago #1009

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[Re: ANML owner did r/m with other shell company,,,]
Question.

I am not very familiar with the process of a reverse merger.

I was reading some filings and although the O/S for ANML is low (only 142K) the Authorized shares are 2M.

If a reverse merger were to occur is it likely the company would issue the remaining shares first?

In other words if you bought into this today and later the diluted this to 1.5M O/S thats roughly 10x the shares so the price per share would significantly decrease.

What generally happens to these low floater shells? Are they diluted?
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ANML(E) - Animal Cloning Sciences, Inc. 12 years 7 months ago #1008

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[ANML owner did r/m with other shell company,,,]
Dempsey Mork, the CEO and majority holder of ANML, just did a reverse merger with one of his other shells (Asian Financial Inc, no stock symbol).

Maybe he will do a deal with ANML soon.

He also owns:
Knickerbocker Capital Corp. (KNIK)
Apex Capital Group, Inc. (no symbol)

SEC Filing

NOTE: I own shares in ANML purchased on the open market.
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ANML(E) - Animal Cloning Sciences, Inc. 14 years 8 months ago #791

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[ANML(E) - Animal Cloning Sciences, Inc.]
142,825 shares outstanding.

Indicate the number of shares outstanding of each of the issuer's
classes of Common Equity, as of the latest practicable date.

Common Stock, no par value 142,825
Title of Class Number of Shares
Outstanding at March 31, 2004

SEC Filing
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