Back door listing sounds dodgy but isn't this referring to their reverse take over by ZipTel which happened back in Oct?What Is a Back Door Listing?
A back door listing is one way for a private company to go public if it doesn't meet the requirements to list on a stock exchange. Essentially, the company gets on the exchange by going through a back door. This process is sometimes referred to as a reverse takeover, reverse merger, or reverse IPO.
Ann: Voluntary Suspension Update, page-2
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