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This is why (I think) there is so much confusion. Check your third to the last sentence
I KNOW! I missed it. Late to the launchpad ;-(
The scheme has morphed so many times the cut and pastes are fighting each other.
P.S. An LLC cannot be the parent of a tracking stock.
It is clear you must be joking.
This discussion needs to continue on the KEYO board.
I think you meant to post this most excellent post HERE
General: THAT'S ONE PERSON'S OPINION. I have mine too and it's the same as Forbes...
NantWorks, LLC subsidiaries will go public as tracking stock IPO's.
Would this make sense?...Forbes top reporter who had THE MOST direct access to Dr.SS over the past two years+ and who vetted his story against the editor before printing (it) as his lead story in mid-Sept. last year is really the insane one, has no clue what he's talking about and just stumbled upon the term "tracking stock" when describing how Dr.SS will IPO NH?
Forbes runs w/ it. So, FORBES is REALLY the insane one for thinking this?
I'm just glad he solidified the tracking stock theory to a rock solid hypothesis. It makes perfect sense why Dr.SS would do such a thing.
Something to ponder...If Forbes is right, then how is it seen that NantWorks, LLC will go public to facilitate the subsequent NH tracking stock IPO? And, why hasn't THAT been publicly discussed?
This interview is the only article I've ever seen that mentions it and, oh, looky looky, Dr.SS was being uber secretive and hush hush on the subject. Didn't reveal a hint.
Quote:And while he stopped short of saying that his new company–Los Angeles-based Nantworks LLC–will definitely file to go public, he said he expects the company to become a powerful standalone player in the high-tech health system that the country is moving toward.
But, we know the real professionals also see the real possibility of Dr.SS RTM'ing NW public via KEYO and its NV sub, TAX-FREE, to issue subsequent tracking stock IPO's for it's subsidiaries w/ the first one most likely being NantHealth, LLC as early as in the next eight weeks.
Should folks lean more heavily on the information provided by RM specialists and one of the leading business publication owners in the world or some unknown individuals on a message board that provide no backing data, facts and links to support the real insane idea of Dr.SS completely ditching a clean shell w/ $30MM in NOL's in which he spent $21+MM to purchase 31+MM shares of to gain him the 80% controlling interest needed to affect a TAX-FREE RTM thereby taking his LLC conglomerate public and subsequently issueig tracking stock IPO's for its subsidiaries?
But, nah...Why bother w/ all that when he can just leave it all up to Wall St. to do for him - for an unnecessarily steep price - by taking his subsidiaries public for him after he re-organizes all those LLC's to corporations at a very steep cost in taxes by "going public" via traditional IPO's. Right? Talk about insane.
lns
I like it. People need pictures to grasp the science. I am including myself in that group.
The competition comparison slide is educational also. it sets them apart.
Is anyone else looking at level 2? This is the darndest thing I have ever seen. All those different market makers, all with "showing" bids of 2500. We are captive.
SOMEBODY doesn't want the price to move. Hmmm. Interesting.
Should have KNOWN the smart girls were here! GLTYA!
Hey IP Man,
Toast NYC for me. I am in. Thanks!
OMG. Celgene and Blackberry and the KIA and Verizon and Blackstone are going to be pretty ticked off when they find out they don't have shares in Nanthealth LLC!
OUCH!
You really should rethink your view of bunionectomies. Does "bunion" sound like a funny little word to you?
I spent a few years working with orthopedic surgeons. A bunion is an overgrowth of bone tissue, usually next to the joint of the first toe. People choose to have surgery because they can no longer stand the pain. Sometimes it is caused by just plain genetics, sometimes from wearing stupid shoes, but MOSTLY the people I saw were suffering from deformities caused by arthritis.
The surgeon has to cut away bone tissue and realign the muscles, tendons and ligaments. Often they insert large pins that have to be removed after healing occurs. And they just rip them out right there in the clinic.
Anything dealing with bones is highly painful. Pain relief efficacy would be most appreciated.
Too funny, Koolaid!
Pop, Nanthealth has been offering private securities in the hundreds of millions for several years now. They are EXEMPT from registration.
Poptech, your post makes no sense to me. And the ihub link doesn't help.
What point are you trying to make? Are you trying to say Soon-Shiong is shady or something?
I'm so sorry for your loss, Kenny. My thoughts are with you.
I said it was informative. Period. I did not say I learned anything new. What is your point?
This is an informative Seeking Alpha article.
http://seekingalpha.com/article/3495456-a-review-of-nantkwest-dr-soon-shiongs-immuno-oncology-company
Now is the time to buy if you have the cash!
Has anyone heard a peep about Nantneuro?
goodinvestment,
very much so... hb
Hey. Patrick is buying. Options are low but no volume.
Hm. Interesting. Isn't it odd that the two privately held companies aren't mentioned by name?
Not sure about "the slide". It HAD been going rather parabolic for awhile. This pull-back is probably to be expected.
Please keep your posts about Nantkwest.
Thank you Wildbilly!
HAH! It already is !
I-Box is tightened up. It was fun to revisit the Larry King Interview.
Excellent post lesnshawn.
Who knows if NK will eventually fall under Nantkwest. It really doesn't matter unless, of course, one somehow ended up with shares of Nantworks down the road. Then it would add even more to the bottom line.
All I know is the man is on a mission and he has no fear.
Pretty cool.
And....Patrick Soon-Shiong is one billion richer.
http://www.fiercebiotech.com/story/nantkwests-record-setting-ipo-heaps-another-billion-soon-shiongs-fortune/2015-08-07
I am a little confused why some are referring to this stock and posts as BS? Please don't confuse NK with other issues.
If someone has reservations regarding Nantkwest, please share them with the board.
You know, the cool thing about investing along side a brilliant billionaire, is that if a better drug or treatment comes along, he will just BUY it. If he can't get it, he will buy the COMPANY.
The same will hold true for his companies. They WILL succeed. If something isn't working, he has the capital to change it or throw it out and start over.
Ya gotta love this guy.
Holy Moly. another 17 million?
NK looking good today!
I like the way you're thinking
Yes chef911, and good point. Taking an LLC public is a legal nightmare. Some are thinking that Soon-Shiong will take the parent company, Nantworks, public first. Then send Nanthealth out as a tracking stock. The article in Forbes from last year makes reference to this.
http://www.forbes.com/sites/matthewherper/2014/09/10/medicines-manhattan-project-can-the-worlds-richest-doctor-fix-health-care/
Soon-Shiong will be in control of Nanthealth just as he is with Nantkwest.
Yep, his empire will just get bigger and bigger. SRNE had a nice run there for awhile.
Hey, how ya doing? CUSIP suspended. Not totally sure.