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Saturday, November 21, 2009 1:44:22 AM
This one is good.
it’s like two pockets on the same pair of pants – its doesn’t matter whether the money is in one pocket or the other
He has stated that he will run with fully audited financials for the new company. This higher level of reporting costs more than what is required for an OTC company. To me, it says that the plan would be to go public on a higher exchange when ready – perhaps AMEX. Going to a higher-level exchange with Etc. Company could not happen immediately, so that is why I think he is starting as a private company first – that gives time and space to develop to a point where it would qualify.
This will give time, space and free of any manipulation and flippers :) Company can just concentrate on sales and business.
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