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Thursday, January 29, 2015 1:35:29 AM
There are only two reasons companies go public: either to access cash for expansion through capital markets OR to make money by pumping and dumping. An established business like Celprogen would go public via an IPO. Jay Sharma would put millions of $ in his own pocket and Celprogen would raise tons of capital in the process.
If you were Jay Sharma, what would you do?
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