NeoMedia Technologies, Inc (NEOM)

[lesnshawn]

Popt: Where's the link(s)? Never mind, here they are and let me set the story straight...

I've BOLDED the only quote that is Dr.SS's...

The link neglected to be included in the post: http://hitconsultant.net/2015/06/30/allscripts-makes-200m-equity-investment-nanthealth-ipo-imminent/

What was shared: "NantHealth IPO

Soon-Shiong told the LA Times the partnership was a key step in preparation for NantHealth’s upcoming initial public offering (IPO). “We feel we have one or two transactions to accomplish, then we will initiate the public offering that we anticipate will happen probably within this year,” he said. According to Forbes, Soon-Shiong net worth is estimated at $12.2 billion making him the world’s richest physician."

The link neglected to be included in the post: http://mobihealthnews.com/44890/allscripts-nanthealth-trade-nine-figure-investments-as-nanthealth-eyes-ipo/

What was shared: "Soon-Shiong told the LA Times that the Allscripts investment is the first step toward a NantHealth initial public offering, which he says will happen before the end of the year."

No bold italicized there because that word "initial" was not Dr.SS's word but rather the insinuation, again, of the article writer.

It was pretty misleading thinking Dr.SS stated "initial" because the entire statement was falsely enclosed in quotes making it appear as though Dr.SS said that when IN FACT, HE DID NOT.

Here's the TRUE, FULL transcript where we can see that again, Dr.SS has NEVER been quoted uttering the acronym, "IPO" or stating the words, "Initial Public Offering", together like that when describing taking NantHealth "public"...

Soon-Shiong told the LA Times that the Allscripts investment is the first step toward a NantHealth initial public offering, which he says will happen before the end of the year.

“We feel we have one or two transactions to accomplish, then we will initiate the public offering that we anticipate will happen probably within this year,” he told the LA Times.

Again, Matt Herpes, Forbes lead writer, was right. He was the first to tell us about Dr.SS taking NantHealth public as a tracking stock, which is considered an IPO. Investopedia tells us right here, and it's so elementary they file that information under the title...

IPO Basics: Tracking Stocks

Put any thought on how he plans to take the parent company, NantWorks, LLC, public first? it is elementary IPO Basics 101 that it , Nantworks, LLC, the parent company, has to be public before NantHealth, LLC, (a subsidiary) can IPO as a tracking stock.

Although a parent company taking a subsidiary public as a tracking stock is considered an IPO, because it's far from a normal IPO and it cuts many people and parties out of the equation who would normally otherwise stand to make a great deal of easy money for raising money for NantHealth, something Dr.SS does just fine on his own and doesn't need their money raising "services" one iota for and that being the primary reason to go public via a traditional IPO -..that is my guess as to why Dr.SS has never himself referred to him taking NantHealth public as an "IPO" because he doesn't want to get Wall St.'s hopes up that they'll get a piece.

They'll be out of this one.

Dr.SS is in total control.

lns