Chenteddybear Monday, 07/08/19 04:10:09 PM Re: None Post # of 60087 Some Education on GOING PUBLIC: STEP-BY-STEP 1. Pre-Incorporation Agreement 2. Incorporation 3. Initial Documentation 4. Private Offering 5. Legal Opinion 6. Financial Statements 7. 15c211 and CUSIP 8. Trading Symbol 9. Transfer Agency and Certificates 10. Trading Approval Process A company can be based in just about any state and some day go public. In the past it has been popular to incorporate in states like Delaware, which specialize in the corporation process. It is important to review the costs of incorporating when there is a potential of being publicly traded. Some states base the price of incorporation (Delaware is such a state), on the “par value” of stock and the number of shares authorized. In recent years many states have opted to incorporate in Nevada, a state with laws considered by many to be friendly to corporations. The type of company, which is generally used to “go public” is a “c-corporation”, the more traditional company as opposed to a regulation-s corp or limited liability corporation. In order to structure for the eventuality of trading, it is good to authorize a substantial number of shares (many companies authorize 75 to 100 million) and to have a very low par value (many companies use a “mil” which equals $0.001). GRN Funds LLC, incorporate into GRN HOLDING CORPORATION on 5/21/2019 Unlike an IPO, an APO also does not require massive public disclosures until after the deal closes. This helps protect suppliers, employees and customers from rocking the boat before the deal is consummated. It also helps because the private company can feel out investors sentiment with an APO prior to even making the announcement of going public. This initial gauge of the proverbial temperature is extremely helpful before the company takes on the unknown and potential risk of investor non-interest. In a typical IPO, a company must be dragged through an arduous vetting process through the road show and beauty contest before they know what investors’ sentiments on the deal may be. Alternative offerings, on the other hand, keep things quiet and allow this market “test” before any announcement is made–a huge boon for founders and shareholders.