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junebug3211

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junebug3211

Re: JEck017 post# 25831

Thursday, 09/21/2017 2:45:56 PM

Thursday, September 21, 2017 2:45:56 PM

Post# of 46015
JE, yes, it is my understanding from years ago that to go public with an IPO(initial public offering) it is very expensive and time consuming-maybe a year or more and tons of legal and accounting fees. A RM is cheap and quick. Usually the private company picks simply a shell of a public company, but here there seems to be some personal connections.
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