P10 Industries Inc. (PX): IPO? Selling brand new shares to raise c...

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bob4uall

Re: paideia post# 3613

Monday, 05/08/2017 3:37:04 PM

Monday, May 08, 2017 3:37:04 PM

IPO? Selling brand new shares to raise capital? I thought we are in a hold to do a one-for-one replacement of cancelled shares for new shares.

A lot of things need to happen to do an IPO, from what I read. I don't think that an investment banker would be able to do that in a few days or weeks. Would there be zero publicity at this time?

I also don't think that it would be left for a lawyer to not have told Mr. Powers, "Oh! And we have to go through an IPO, by the way".

Maybe an offering of additional authorized shares will be on the horizon someday, but unless i missed something, it is not to happen before trading in PIOE begins. Does anybody know?

Always be on guard for misleading, deceptive or erroneous messages. I am not an investment professional. My messages are my opinion only, and are subject to change when contrary information is later relied upon. Always do your own research.