TECO could use an existing private oil company wanting to go public and use TECO the public company to reverse merge into. That would require a reorganization of capitalization and share structure. It would be one way to wash the share structure and up the market cap right out of the gate. I assume that's a possibility and if I were complicit in NSS activity; I'd be shitting bricks. This new BOD has penny stock and oil business smarts. Once they pull together $50K to $100K for audits and filings and PR'S; the PPS should start moving northward. They should have a good plan up their sleeves and are most likely very tired of the tortious interference. I'd be going for their throats to choke off their years of fowled mouth BS.
"A reverse takeover or reverse merger takeover (reverse IPO) is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. The transaction typically requires reorganization of capitalization of the acquiring company."
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