He also owns Niteagle Systems Inc., a publicly traded company that he formed last year.
Niteagle is a Nevada corporation that manufactures cameras for recreational vehicles and trucks that are designed for better vision through fog.
Ball agreed to merge Ad Valora into Niteagle on Aug. 9.
"I want to get my investments under one roof," he said.
News of the merger spread quickly. An investor bought 62,000 shares of Niteagle at 25 cents a share immediately after that deal was announced,
Anton said.
Niteagle is owned by about 1,000 shareholders and trades on the pink sheets exchange. Ball is the company's board chairman.
Ball said he will manage Ad Valora [Latin for "good value"] from his home. |