Cotton & Western Mining Inc. (CWRN)

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I'm still processing the eventual IPO info in the midst of my other work,which at first seems unusual since they are already a public corp. Possible reasons for their use of IPO would be:

1)to pay back their investor-possibly more quickly than otherwise-I don't know what arrangement CWRN has to pay back investor
Retiring company shares as well as buyback would use funds that otherwise may be used to pay back investor

2)Due to severe bashing which controls the penny market,the share price of good companies severely bashed does not reflect the fundamentals-shares of real companies are greatly undervalued while the average penny co trades at 10 to 50(sometimes 100's)times book value.
Disgusted by dishonest stock promotions my friend and I were going to do a regular newsletter on undervalued penny stocks,beginning w a company w 100m revenue and 2.2m net,but bashers knocked stock from one dollar down to .0004,w market cap under 10k !!!! The co could buyback entire float w pocket change.

So CWRN may want IPO as more sure quicker way to escape the many games played in penny land so share price more closely tracks the expected fundamentals,seeing the role bashing has already played re stock price. Still processing...