Lifeline Biotechnologies Inc (LLBO)

[GetSeriousOK]

Does Holmes claim that Cyrcadia is going to do an IPO?

Because that would be BS. If Cyrcadia Health asked an investment bank to underwrite an IPO, the investment bank would look at their balance sheet and laugh out loud.

IPO's are expensive and require a lot more than just the DESIRE to go public. Here's a description of the costs of an IPO:

https://news.crunchbase.com/news/want-to-take-your-startup-public-heres-what-it-actually-costs-to-ipo/#:~:text=The%20dollar%20value%20of%20an,average%203.5%20percent%20underwriting%20fee.

No, an IPO is out of the question for little Cyrcadia. They *could* go public on the pinksheets without doing an IPO - that would be their only choice.