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Re: lesnshawn post# 1705

Tuesday, 05/20/2014 10:02:23 AM

Tuesday, May 20, 2014 10:02:23 AM

Post# of 10055
No surprise Moneymade has "no idea" what you are talking about.....but for those who want to get an idea of what you mean http://www.dividendsandpreferences.com/2009/03/why-cant-i-take-my-llc-public.html Nantworks LLC as the abbreviation shows, is a limited liability company. You are dead on with all of your statements. Dr. Shiong would not have created Nantworks as an LLC if he had intended on doing an IPO all along. However, in an interview we did hear Dr. Shiong say he wanted to take Nantworks public.....because of the LLC issue the smartest way for Shiong to do so is with an R/M. It is possbile for Shiong to do an IPO with Nantworks but he would have to convert the LLC into a corporation and not only is that more time and money, He would suffer severe tax consequences. Then, after all of that...if Shiong does an IPO he would have to give up 25 percent of equity in his company, Nantworks. Also.. most companies do an IPO to raise capital, obviously. Shiong has $1B invested into Nantworks already, and has had investors such as Blackberry pouring hundreds of millions of dollars into Nantworks. Shiong is not going to need an IPO to raise capital nor publicity, as the finished product will garner publicity on it's own once it all snowballs, so to speak. To do a R/M with KEYO is just the logical thing to do, businesswise.
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