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Good morning Keyonarians!
Both Les and MG make good sense.
I have a question. If Keyon is set up once again as a holding company... and they bring in the WHOLE FAMILY... can they also "hold" a non-profit within the family? Would any non-profit ventures need to be rolled out somehow? Can a non-profit be contained within a publicly traded company? I would think not.
And...which of the Nants are non-profits? Are his non-profit ventures already separate?
So many questions and so little time...tick..tock
Curious
Why?
Hm. Etrade won't let me place an order for "that security" on-line.
Thanks!
Sub-pennies and reverse mergers are new to me. I am still having trouble with all the zeros
So, are you going to start your own newsletter/trading service? You sure are putting in a lot of time!
I got in at .022 Tuesday, I think. Seems like he has a lot on the ball.
Missed RENG. TTDZ starting to move again
I dunno Gman, but looking at Level 2 we will never leave the .39-.41 range. Is this being so tightly manipulated the FLIPPERS can't even play?
Thank you to all of you guys who made the trip!
If he has bought over 60 companies over the years, wouldn't be a lot more complicated to valuate?
The board was trying to find something out about Shiong's convertible shares. But I think it has been answered. Although I don't really understand it, I don't think he needs to do anything to have voting control of his shares.
I am sort of STUNNED that this stock is just sitting. But that is better than it turning into a skanky pump-fest
Pick your worst case scenario...
http://nanthealth.com/about-us/who-we-are/#prettyPhoto/1/
This just keeps getting better. Great find Aframe.
Are WE sitting on rocket fuel?
Those over-achievers are SO annoying...
45th anniversary of THE LAUNCH of Apollo 11 TO THE MOON!
How about July 16th?
Ring a BELL with anyone? Tee hee.....
Grr.... I decided not to do KNDR because the RSI was above 90. Mistake. I took a position in WTMK and TTDZ though.
RS, maybe you can answer latest question on rocketship board?
I have seen several numbers. One was 45,000,000
I honestly don't share ANY of his concerns either.
Cool. I'll splurge and have a doughnut and coffee 0730 MY time and pretend I am there with you all
What time is the meeting tomorrow?
The iHub Level 2 is hinky. Both Stockcharts.com and my brokerage show .058
Boy, that YA Global sounds worse than the Russian mafia.
As your article states:
"If you know you are creating a company that will need VC and you hope in your heart of hearts to someday do an IPO, why not instead take the path of least resistance when you form your company and use a C corporation?"
The "Path of Least Resistance" is much like Occum's Razor
I KNOW. He did such a good job. The only flaw was NEOM. Enter KEYO.
His theory was so nicely researched and explained. Including an education on reverse mergers. I think he should reword it with (KEYO), join this board and post it as a sticky.
Welcome to the party lesnshawn!
Good morning Keyons! Lesnshawn is the person who posted his theory of Dr. Soon-Shiong taking Nantworks public via a public shell(via NEOM). I felt the least I could do after reading/posting his well-thought out theory was to invite him here.
Hope you stick around
From the info above, it seems that the patents have been assigned to Nantronics (Soon-Shiong, CEO Wittenschlaeger).
Oh WOW. If knowing the postal abbreviations for the states is a sign of a high IQ, then I am FREAKING BRILLIANT!
Pretty stupid, right?
I agree with you also, RyGuy. I am also suspicious of a few who have taken the time to POST their objections (hold on tight to your shares, people).
Another thing. The whole IPO process is so "public". The good doctor and his plan would undergo MONTHS of scrutiny. I don't think he needs or wants that.
And another thing. He has a history of leveraging his investments. You can't get any more leveraged than owning 80% of the ship that takes your company into space. He is going to make his company rich, and make HIMSELF even RICHER.
MORE MONEY TO CHANGE THE WORLD. Good Greed!
500,175 Neener, neener BF
Thank you hestheman. I KNEW someone else could sort out the NEOM story better and faster than ME.
Our Dr. Soon-Shiong sure took to business now, didn't he? He has his hands in SO many different companies it is mind-boggling.
He is going to need a publicly traded stock that shoots to the moon like a ROCKETSHIP in order to raise enough money to pull off his dream.
Hmmm........
Interesting post on iHub this past November. One person wondering if Nantworks could go public through NEOM. NEOM has apparently just undergone a reverse split and doesn't seem to be trading. I think it is registered in Delaware. I haven't looked into it. It seems the idea faded away on the NEOM board. Anyway, I don't think it is pertinent, but thought I should share it. GLTA Hb
lesnshawn Saturday, 11/16/13 11:55:54 AM
Re: rwandrw post# 297042
Post # of 305004
rwandrw: Come up for air and check it...
So, does history always have to look and feel exactly the same? No, it doesn't.
How about this thought to chew on as opposed to a turd laying on the bottom of the commode...
What if Dr.SS wanted to take Nantworks public? How would be an easy way to do it? He has every incentive to do so.
finance.yahoo.com/news/nantworks-alcatel-lucent-enter-definitive-120000374.html
By all rights, it looks in the near future and for the long-term, NantWorks is going to be absolutely HUGE!
The easiest way to do it is to reverser merge into a public penny stock. And, remember, the penny stock does NOT have to be a totally defunct shell company. That is key. They normally have minimal assets...check, and preferably, high debt that can be carried forward and applied to future profits...check.
http://www.investopedia.com/articles/stocks/08/reverse-merger.asp
Quote:The public company can offer a tax shelter to the private company. In many cases, the public company has taken a series of losses. A percentage of the losses can be carried forward and applied to future income. By merging the private and public company, it is possible to protect a percentage of the merged company's profits from future taxes.
And, he'd have the benefit of owning the patents to boot in which to gain license revenue from over the years to come. BONUS!!!
There's really only one basic requirement:
http://www.ipo-merge.com/reverse.html
Quote:A private company will require approval of the majority of its stockholders for a merger with a public corporation
And, remember, Dr.SS is the "8 billion dollar man", therefore he has no need to raise cash going public but he can gain many future benefits by doing so through a reverse merger as opposed to a traditional IPO.
There is a TON of information out there regarding reverse mergers. I suggest you and everyone of the eyes and wallets on and in this stock start digging and learning and we all teach ourselves the pro's, con's, benefits and detriments of this possibility.
Just a few links to get you started:
http://gopublic.com/about-reverse-mergers.html
http://www.srff.com/resources/reverse-mergers
http://www.clm.com/publication.cfm?ID=24
There's more than one reason why NeoMedia and YA and possibly the BIF wanted the R/S and or A/S, and entering more easily into a reverse merger could very well be one of them.
IF, as I previously summized, YA's ouster and possible change in control signal (KEY - possible reason for 13D and not 13G filing by Dr.SS/GG???), it can and I think will still go through and a BK is not wanted as that would bring the courts in to mess everything up. So, in the end, by the R/S or A/S not being voted in (R/S was the preferred), it just made it harder for the deal to go down. But, in the end, I think it will anyway. And, in the end, I think it will be better for the CSH's, just not the preferred way by those really in control of the purse strings.
Dr. SS is man w/ deep pockets, deep vision and deep connections. He doesn't need to raise money via an IPO, doesn't need the headache and is highly respected.
It could go something like this...
1) acquire a controlling interest, or damn near it by purchasing the common stock in the open market...nibble by nibble.
2) issue his new 13D's
3) issue the 8K of the RM
4) shares go to somewhere between one and five cents.
5) change name of company to Nantworks
6) issue a SHM (could still be here in Boulder) and new proxy vote to R/S the company BUT, at that time only by between 1:100-500 to get it solidly to the listing requirements of a NASDAQ.
7) by summer time we could be CSH's of a the latest high tech firm to go public, "NWKS" on the NASDAQ and damn glad we had faith in the value of NeoMedia's IP portfolio and faith in Laura, The Col., the BOD, Clayton Parker and the rest of the team at K&L Gates, to pull it off and the blessed to be in the company of such a visionary in Dr. Patrick Soon-Shiong.
8) sit back and enjoy a few moments and smile a bit at ourselves as well as being just a little of our own visionary ideas to see beforehand how this could all work out wink
9) buy plane tickets to Vegas for a REAL 4th of July celebration
10) make new friends in the company we've kept here over the years keeping the faith
NeoMedia would be his perfect candidate to so such a thing...bring NantWorks public. All he needs is to gain control of the voting shares here. He can easily do that while greatly lowering his average.
We could be seeing the beginnings of nibbles to gain control of the O/S w/o trying to explode the stock too much.
All he needs is YA out of the picture and he can work out the rest to find the best way he can to take advantage of the tax write-offs possible here and again, the patents to boot!
Who knows, but we will find out SOON.
GO NEOM!
GO Dr.SS!!
Kick-Ass NantWorks!!!
And, GLTUA!!!!
lns
Holy CRAP is RIGHT! This just keeps getting better the more I read. It's looking like the WORSE case scenario could allow ME to make changes in the world.
Funny aside. I told my guy about KEYO over a week ago. Usually, I think my ramblings go in one ear and out the other. Come to find out...he was LISTENING.
HE BOUGHT 500K. He got MORE than ME and at a better PRICE!!! Too freaking funny!!!!
So, so cool aframe. You are marked once again!
Life's too short to hate. And there's money to be made
Not me. But thanks for the pancake tip