KeyOn Communications Holdings, Inc. (fka KEYO)

[whizknock]

Why didn't he sell the shell?

Because shells nowadays are a dime a dozen and have little value. Why wasn't it sold? Maybe because your garden variety shells don't have millions in tax write-offs & NOLs.

KEYO will be worth mid 8 figures at worst. the doctor put a lot of effort into making sure it was a "clean shell" & that it remained actively trading.


Links courtesy HMB, Logic courtesy Lesnshawn

http://www.wcl.american.edu/blr/03/2feldman.pdf

http://www.halterfinancial.com/apo.cfm


Written by Lesnshawn

listed below are a few of the logical reasons (w/ links) for Dr.SS using KEYO to RTM any one of his LLC's pubic:

1) It is exceedingly difficult to do an initial public offering of an LLC, making "going public" via a RTM a much cleaner and simpler process than via an IPO
2) Dr.SS owns 80% of a clean public shell (KEYO) he can use to avoid the excessive difficulties described in the link as well as avoiding massive amounts of corporate taxes using KEYO to RTM w/ NANT
3) Dr.SS can avoid the pitfalls associated w/ IPO's such as most probably losing his 80% control in his companies (his historical M.O.) as well as the underwriters pulling his IPO at the last second due to unfavorable market conditions, such as Box.com recently did
4) The main reason for a company to go public via an IPO is because "it's simply a money making move". Therefore, it is illogical for Dr.SS to look to an IPO to "make money" or better put, raise capital for the company because he financed the creation of the company himself and has had ~2/3's of that given (raised) to him through private equity placements


In the end though, it all goes down to his ownership of KEYO - the stock/shell/capital structure of a public company.

WHY does he still own it? WHY did he not sell it? WHY has he not de-listed it? WHY has the SEC not suspended trading even after the SEC's three-year "Operation Shell Expel" should have uncovered this supposed "pump-and-dump" scam.


The $21+MM Dr.SS paid for 80% control of KEYO equates to 30+MM shares of KEYO that will be worth many more billions over time than he can make off a single day fund-raising effort and IPO would afford him.

WHY NOT KEYO?