$LAHO – NEW NEW-READ-READ-THERE WAS A COMMENT MADE ABOUT 300K
LMAO lol, dude in order to succeed in stock trading, basic understanding of some terms like RM as in Reverse Merger will go a long way. The RM means GLOBAL~STEM~CELLS~GROUP will become the surviving entity, This means GLOBAL STEM CELLS GROUP is using this process as a means to become a publicly traded company. Which means Lans Holdings Inc will cease to exist. The name will change to GLOBAL STEM CELLS GROUP and we will become shareholders of GLOBAL STEM CELLS GROUP. -The 300k is merely what we call in the business world, a commitment fee, to ensure $LAHO does what it needs to do to get the process completed. As for the preferred shares, it will give GLOBAL STEM CELLS GROUP controlling Interest of the new publicly traded company. Some of current management will remain as directors and will get will get their share of the cake in the new company. You can call it a huge windfall for currently management down the road.
In actuality, GLOBAL STEM CELL GROUP is the one doing the Buying. That’s the best I can break it down for now in between fathers days duties.
Those owning a considerable amount of shares when this starts trading at $2.00 – $5.00 a share in the coming future, will be swimming in cash.