Popt: Where is the evidence that he's looking for Wall St. and the TBTF banks to raise capital for him? He's put about $1.5BB of his own capital into NantWorks, LLC of which NantHealth, LLC is a subsidiary of. All told, he's already received close to that in matching private equity capital investments made in various amounts to various NantWorks, LLC subsidiaries over the past couple years. And, the private money just KEEPS ROLLING IN.
Besides which, he can conduct HIMSELF an APO at the time he reverse merges into public existence and thereby being able to move DIRECTLY to one of the big boards, bypassing the "seasoning" period requirement to be on the OTC:BB for a period of time before being able to move up in exchanges.
He and his wife are currently actively looking to give away an additional $1BB in philanthropy money across 10 different so why would he pay others to raise more money for him, which is essentially what he'd be doing taking NantHealth public via a TRADITIONAL IPO?
He wouldn't. Nobody in his position in their right mind would.
That's why Forbes told us in straight, unambiguous terms that the IPO for NantHealth, LLC will be in the form of a TRACKING STOCK IPO...much much different than your average IPO and requires the parent company to be public first.
Address that point. Please.
Is Forbes wrong in their reporting?
Why the complete secrecy surrounding when is NantWorks, LLC going public and more importantly, how?
lns
