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Re: duelittle2 post# 61917

Monday, 05/29/2017 9:41:30 PM

Monday, May 29, 2017 9:41:30 PM

Post# of 207103
That's true. Most of the companies using RM's are existing companies who have to exist under the radar. I believe they call it the Black Market. For one reason or another, the companies can't get approved via the normal processes so they continue to grow until they need to expand and thus go into the RM's market to go public to find new funding sources because the IPO route could take up to 3 years and cost multiple dollars more than going public through an RM.

http://www.msn.com/en-us/money/markets/a-delivery-man-just-became-one-of-the-richest-people-in-china/ar-AAnEkwn?li=BBnbfcL