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Re: pray post# 84587

Tuesday, 06/22/2021 2:07:29 PM

Tuesday, June 22, 2021 2:07:29 PM

Post# of 92587
So according to investopedia...

Generally, an IPO is a company's first issue of stock. But there are ways a company can go public more than once. ... It allows the investing public to own small shares in any of the many companies that have grown large and hugely successful since they first went public.



Vetting this all out then... according to filings:

($SFIO is already public and has shares out on the open market) is controlled (owned?) by Hatadi Shapiro Supaat (CIO) (aka Paul Hata) but has Jeths De Jesus Lacson as the Chairman and CEO and Mark G. Epifanio, as the COO.

AgroKings is also owned/controlled by Hatadi Supaat?! (See annual filing) AgroKings is part of SFIO, no not yet?

Epiphany Cafe, Ardent Bakers, A+ Electrical, Gorgeous Coffee, ChickenFRice are owned by Lacson and Epifanio?? Right? I can't see they gave it to Hatadi.

SFIO is already public. Why are Lacson and Epifanio are talking about IPO'ing SFIO? Is it that they want funding to expand globally so they will offer large blocks of shares at a discount to the market price?

Some things are not adding up to me.