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Re: Starlost post# 49745

Thursday, 02/15/2024 3:58:13 PM

Thursday, February 15, 2024 3:58:13 PM

Post# of 75435
Once again, legitimate companies who are privately owned (100%) don't go public just to be public. There's no reason to do so, despite the fairy tales you read on the OTC, they don't need "foothold," especially not one with a horrible reputation. If they choose to go public to raise money, they'll do it with a proper IPO so they can sell stock and keep the proceeds for themselves and their company growth. They absolutely won't merge into an OTC stinky pink shell company and adopt bagholders holding billions of shares of stock, it would be stupid to hand over the ownership of their company to people who haven't given them a plug nickel.

I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.