Watch out: Xero merges, now a publicly traded company

Original post: click here

Subscribe to these comments

Reader Comments (Page 1 of 1)

Neutral

Jon Gales @ Apr 11th 2006 11:08PM

Reverse mergers are pretty common because they are a lot easier than going the IPO route, but that doesn't make Xero a good investment. Especially when their business model is to join a super crowded MVNO market and give away service.

A little background on what they did:

http://en.wikipedia.org/wiki/Reverse_merger

As is common in reverse mergers, Desi TV was a shell company. That's why there isn't any real info about it.

Add your comments

New Users

Name

E-mail

Current Users

E-mail:

Password

Remember Me

E-Mail me when someone replies to this comment

replying to thread #1392498

Add your comments:

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.

Please note that gratuitous links to your site are viewed as spam and may result in removed comments. And yes, comments are moderated.