The facts as we know them today:
-Soon-Shiong has never said he wants to use tracking stocks.
-Soon-Shiong has never said he is using tracking stocks.
-Soon-Shiong certainly never said he was doing a RTM.
-Soon-Shiong has never said he was taking Nantworks public.
-Soon-Shiong has never said KEYO will be used for taking anything public.
-Soon-Shiong did say he was planning an 'IPO' for Nanthealth.
-With NK, Soon-Shiong showed he really likes a nice IPO. The original launch piled on another $1B to his fortune. Much of that is gone.
-Forbes, despite all the name dropping, has never confirmed any part of Soon-Shiong doing a reverse triangular merger. They have only said it will be an IPO. Like Soon-Shiong said!
-Keyon cannot go public by merging two private companies.
-Keyon cannot go public by merging two private companies with a trust.
-A RTM can be announced in advance.
-KEYO is not traded so it is impossible to have insider trading!
-Nantworks is not traded so it is impossible to have insider trading!
-Soon-Shiong VOLUNTARILY let Keyon dissolve.
-Soon-Shiong VOLUNTARILY let Keyon stop trading in the same year he planned to IPO Nanthealth.
-A reverse triangular merger, even tax-free, needs a publicly traded shell company.
-KEYO is no longer a company.
-Keyon is not a shell.
-KEYO no longer trades publicly.
-KEYO will never trade again.
-Therefore, KEYO is not a publicly traded shell company.
-Therefore, KEYO cannot be used in a RTM.
Are there any other new crazy ideas we need to clear up?
“It ain’t so much the things we don’t know that get us into trouble. It’s the things we know that just ain’t so.” Henry Wheeler Shaw
