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gce

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gce

Re: ItPaysYou post# 6360

Friday, 08/27/2010 9:47:29 AM

Friday, August 27, 2010 9:47:29 AM

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Petro does not need an IPO to trade public. I beleive what Owen is saying is that within 6 months of going public he is hoping Petro will be producing the required min of $50 M to have an IPO which in turn would probably allow the compsny trade on a higher platform like the NASDAQ.

This website gives a good explanation of the IPO process. Also click on the many links at the bottom of the page to better understand the terms and procedures of going public.

http://www.tcc5.com/howtoraise.php
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