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Wednesday, May 25, 2016 10:53:38 AM
Like I said before. If Klean goes for a brand new listing it will most likely not get done till this time next year and cost them many many millions of Dollars due to their market size.
Also, that approval of an application, IF Klean had made one, would, I presume be searchable somewhere on the FINRA website?
By far the easier route is to merge with people running a company they already know very well get on with and even share Directors with. Then up list to NASDAQ in time.
That's why all the filings were posted in 16 February, to bring them all up to date which FINRA stipulates as one of the things that have to be done before a merger can take place.
The information available on Klean's twitter feed is available to anyone with an internet connection and is now approved by the SEC as an official way to disseminate company announcements to the public.
Why not save themselves millions and get to market a lot cheaper?
My post are my opinion only. You should do your own due diligence before investing in any stock or take professional advice. I am not an investment advisor. Kind Regards.
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