Thursday, June 30, 2016 8:02:54 AM
That includes placing them through a thorough review process for S1's including their valuation.
I'm not sure if you've ever seen a SEC review letter for the S1. It's extremely detailed and comprehensive, covering all aspects of the company, in particular, its financials and how they were derived. There's no stone left unturned.
That's why the S1 is considered to be the gold standard for SEC approval. It's the ultimate in transparency.
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