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Re: None

Tuesday, 10/12/2021 11:53:45 AM

Tuesday, October 12, 2021 11:53:45 AM

Post# of 2882
I've sought clarification on their new stated objective of an IPO with a listing on the NYSE or NASDAQ. Upon further reflection, my concern with that is they are nowhere near meeting the three year income requirements that these exchanges maintain. IOW, it isn't clear to me how they could do an IPO any time in the next three years that leads to one of the big exchanges. So much can happen in that period of time, and I’m growing weary of waiting. They promised a prompt return to the public equity markets over a year ago. They need to follow through with that, or at least provide a solid timeline to legacy investors. They just seem to be getting way out over their skis with this. I hope that they can provide some clarification. Personally, I’d prefer that they do a smaller Reg A+ IPO to an OTC market sooner, vs. waiting forever for a larger IPO that might never happen.
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