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Re: Big Brother post# 5541

Friday, 09/11/2020 11:02:58 AM

Friday, September 11, 2020 11:02:58 AM

Post# of 10036
I accidentally sent this as a private mssg

but it’s for all:

definition of spac....

I found this online:

A special purpose acquisition company (SPAC) is a
company with no commercial operations that is formed
strictly to raise capital through an initial public offering
(IPO) for the purpose of acquiring an existing company.
Also known as "blank check companies," SPACs have
been around for decades.

My definition of custodianship....

A custodianship is a company with no commercial
operations that is formed and legally acquired through
the legal system. The custodian, appointed, by the
courts, raises funds to bring the company current per
sec rules. And eventually is purchased by a private
company that wants to go public.

Not much difference in my opinion....

But if the majority wants me to change the name of
board

I’ll do it

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