a private company to go to the stock market? to finance itself basically, and this IPO seems like a good instrument to attract institutional investors, but why is someone going to invest so much money in a company like this? It is a start-up, high-risk investment, there is only one reason to invest here, expectations of great growth in the medium and long term ... obviously you have to publish news that captures the attention of investors. This is what the CEO has done, once the offer is completed, they will have $ 15M and large shareholders that will not sell for a while, if they invest this money well it will be a solid company with very high growth. Quick. The 3 B's of shares were delisted from the float and may be delisted or become preferred, this has not changed. I have seen big OTC scammers not making any typographical errors in their posts while continuously lying, I don't care if they leave a period or a comma, the important thing is that they are not using convertible debt, $ 15M in CD with a discount of 80% It would be equivalent to 50, 100 or 150B of new shares and this would be very harmful for shareholders because we would end up in 0.0001 and R / S, but this will not happen if you get large investors to buy these 10B at 0.0015, the difference between this financing and other forms of financing that are used in the OTC is huge. On the other hand, how would large shareholders enter a company like this at such an advantageous price? How do you buy 15M $ without triggering the price? It is impossible, institutional investors do not enter the open market. So there are many reasons to do this IPO and it is very likely that you already have the investors who are going to buy it, so we all win. I definitely like what they have done to finance the growth of the company more and more.
