Reply....
“Black Market Thinking”
Today’s share price on the OTC is irrelevant, because the underwriters job will be to price the offering of the newly combined enterprise “nFusz and Sound Concepts” and then seek and find institutions willing to buy shares at the IPO price.
The goal is to price the offering so;
1) Institutional investors participate in the offering;
2) Offering is filled;
3) Investors are happy.
nFusz is worth much more than $.50 today and many of us know that. Heck, it was severely/grossly under valued at $3.04 back in April and institutional Investors could really care less about the OTC market which is the Black Market to them basically (where everything valuable has been stolen and sold dirt cheap) . Salesforce and other peers are trading at $150 per share with 750,000,000 OS?
The REAL value of nFusz will be combined with the REAL value of Sound Concepts to create a whole new enterprise value, then tested against institutional investors ideal IPO "buy in" price (#1).
Once found, the offering price will be decided and shares distributed at the agreed price which will be a basis for the opening price on the NASDAQ (#2).
From there it is hoped that the opening price is deemed to be low by the market, which will cause the trading price to increase, thus accomplishing (#3).
All my opinion, but based on my understanding of the due diligence.
Again, the OTC is the equivalent of the “Black Market”.
You can buy drugs and stolen merchandise at severely discounted prices on the black market. They are a fraction of their value.
Institutional investors, like pension funds and hedge funds cannot buy from the OTC “black market”.
They will and do want nFusz, for the same reason those who control the OTC want it to stay here...because it’s worth lots of money....
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