Miami, FL – May 30, 2019 – (undergroundstocks.com Newswire)- An elite wall street independent small cap media group with a history of bringing lucrative opportunities, reports on Embarr Downs, Inc. ($EMBR)
EMBR Merger History
January 5, 2016 Update: The Company has finalized and closed on the acquisition and reverse merger with Pest Pilot. The fiscal year end will be 12/31 and the Company will begin the audit process to file a Form 10 with the SEC. December 11, 2015 Update: The Company is currently finalizing the details with the merger of Pest Pilot, Inc. Pest Pilot is an Indiana Company that will provides pest control services. The Company has begun looking at using Drones to spray crop fields but is still exploring the concept and feasibility. Lane Moser is the new CEO. However, the company has no relation with Edward Moser or www.pespilotinc.com. On May 19, 2015, the Company rescinded the acquisition of WB Partners. No compensation was provided as part of the acquisition. Additionally, the company was reached a verbal agreement to merge with a pest control business.
EMBR Takeover Candidate
A reverse takeover or reverse merger takeover (reverse IPO) is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. The transaction typically requires reorganization of capitalization of the acquiring company.
Embarr Downs, Inc. ($EMBR) currently with a stop sign and no filings since 2015 via the otc markets is hurting long term shareholders. A company like EMBR with only a 300M AS and clean could be already attracting dozens of private companies seeking to go public through a public vehicle such as EMBR.
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EMBR Near 52W Low
This undervalued speculative stock near 52W low should be in everyone’s watchlist. EMBR’s current share structure is the following: AS 300,000,000 OS 299,990,072. The market cap at the time of writing was $209,993. The current share price is $0.0011
Chart Technicians Predictions
EMBR main support is at .0007, Key pivot breaks will be .0012. The stock can potentially test .0020+
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