** Past Successful Reverse Mergers: PKTO-(USAC)
1. Mar.6, 2007 – USAC – symbol change to PKTO is announced on www.otcbb.com at 2pm. USAC runs from 0.0002 to 0.003. Seems this was an unannounced reverse merger.
2. Mar.7, 2007 – Opens as PKTO and continues running from 0.0075 to 0.049.
3. No one knew the O/S or A/S. Turns out the A/S was 1 billion as per state of Delaware, but no one still knows what the O/S is. After the peak of 0.05..stock plummets...dilution.
Still..it ran from 0.0002 to 0.049 -> 25,000%
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Pocketop International Inc. Is Set to Enter the Computer Accessories Market
DOVER, DE--(MARKET WIRE)--Mar 8, 2007 -- Pocketop International Inc. (Other OTC:PKTO.PK - News) today announced that the Company has reverse-merged with a listed company and has commenced trading on the US OTC (Pink Sheet) market under the symbol PKTO. The company has expanded its product line from a single offering to over 50 different and individual items. Whether you need the best folding keyboard, the ability to sync and charge your new Smartphone or PDA via your computer or simply charge one of the hundreds of devices separately Pocketop Corp. has it all. Type it, sync it, connect it or charge it, pick one or pick them all, they will all fit comfortably in your pocket; that's why we are called Pocketop.
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"We are excited about the opportunity before us," commented Nino Caldarola, President and Chief Executive, Pocketop International Inc. "With the phenomenal growth of PDAs and Smartphones, there is an ever increasing need for compatible compact mobile accessories which is Pocketop's forte. Increasing use of PDAs and Smartphones sets the stage for dynamic growth in the computer accessory industry. If you want WiFi, Bluetooth, programmable keys, increased productivity and a cool leading edge product that is truly a work of art, check us out, you just have not seen anything yet," stated Nino Caldarola.
About Pocketop Corp.
Pocketop Corp is a leader in the design, manufacture and marketing of solutions for the mobile handheld device market. Pocketop Corp.'s initial product will have far more features than the previous best selling Pocketop Original Keyboard which was the first and wireless, portable, folding keyboard for the PDA market and the first to offer device compatibility with all major brands of PDAs. The new state-of-the-art keyboard is half the volume and weight of competing products and has traditional keyboard touch-type functionality with an expanded line of user features. In addition to its core line of keyboards the Company has expended its line of products to include a vast array of compatible accessories. The primary objective of the merger is to maximize the shareholder value to all of the PKTO shareholders.
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended; such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The Company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operations to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors which could materially affect the Company and its operations are included on certain forms the Company files with the Securities and Exchange Commission.
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