InvestorsHub Logo
Followers 126
Posts 11077
Boards Moderated 1
Alias Born 03/17/2005

Re: chef911 post# 136

Wednesday, 08/05/2015 11:38:17 AM

Wednesday, August 05, 2015 11:38:17 AM

Post# of 1626
chef911: Yes, so the pundits say. But in reality, Dr.SS has never been quoted as stating he was going to submit and S-1 for a NantHealth, LLC IPO. In fact, he's never been quoted uttering the acronym, "IPO" when asked about about it. He's only stated he's "going public".

Interesting, huh?

And then, take into account how "exceedingly difficult" it is to take an LLC public via a traditional IPO w/o first converting it to a corporation, then it starts to get even more interesting.

Then, to top it off, when you also read the main pundit who started all the NantHealth, LLC IPO talk (FORBES) conclude that Dr.SS is planning to take his NantWorks, LLC subsidiaries (of which NantHealth is one) public as tracking stocks - and that tracking stocks are referred to as IPO's - and that the very nature of a tracking stock requires first the parent company to be public so it can issue its subsidiary tracking stocks, begs the question...HOW IS DR.SS PLANNING ON TAKING THE PARENT COMPANY, NANTWORKS LLC PUBLIC BEFORE issuing its first tracking stock IPO, NantHealth, LLC, most likely later this year?



Why do you suspect we don't hear of any pundits talking about that elephant in the room???





lns

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IBRX News