Disclaimer: I'm a novice. But I will say, 1 company I traded in before went through the same thing and it worked. But the way that I personally see this is as follows:
I own a company and I decide I want to make bread. This company operates in Ireland. So I get a team... lawyer, someone on the ground there, accounting, etc. and register with SEC here in the states as a company base here but has a company abroad...international. The bread thing doesn't necessarily work out but I still have my team because I have a few other things going on. So a company comes to me and says hey, I want to start a company in Ireland but its a coal plant. So I say, I already have the team, I already got a publicly traded company so the regulatory stuff is fine. I'll kind of back out of the way for you to do business if you give me a cut and we agree on who the boots on the ground are going to be (the technocrats).
The analogy may be a bit off, but, to me it makes perfect sense for someone who wants to do business as a public company just take over the structure of someone who already is trading publicly. One has the product, one has the shop, so its a match.
Don't get me wrong, I still have the questions about the product but at this point, why and how they got to this point, from my limited past experience, is fine by me. From here on out, I specifically want to hear FROM THEM about China and about other start/completion times for their product. What I am not worried about is if the product will actually work, b/c the omnipotent YOUTUBE already quenched that thirst for me. I think the PPS will go higher than where it is today, and to me, I ok with the sausage and can give two you know whats about the sausage making! GLTA
