diarch: Hard to say. Bottom line is that shell is worth easily upwards in the hundreds of millions to him if he were to use it for an RTM, in the least half a million if he were to just sell it.
One doesn't just ditch a shell like that, especially given his plans and his connections.
He had another public company he made a shell at the same time he did KEY and he sold that one right away.
You mean to tell me some people really believe he just tossed this one in the waste can four years after taking control of it? "Ahhh, what the hell, it's just a clean shell now w/ $30MM in NOL's. F it. Toss it. It's not worth my time of day."
So, whats happening I think is same as was happening. I think Forbes was right. Tracking stocks w/ NantHealth being the first one. A tracking stock by definition is an extension of the parent company's stock therefore the parent company is public before it issues tracking stocks.
Why is nobody talking about that elephant in the room?
NantKwest, although an impressive IPO (not part of NantWorks (yet)), is peanuts in comparison.
What is Dr.SS's plan for NantWorks, LLC in the public arena? Do folks think he'll take all the subs public but not the parent company which none of them can deliver what they promise w/o the other?
Where will NEOM be? In the background?
Time will tell. The story is far from over.
lns
