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Re: MoneyD post# 41049

Wednesday, 03/30/2011 10:00:17 PM

Wednesday, March 30, 2011 10:00:17 PM

Post# of 93372
Frankie4Life - Why Frankfurt trumps US exchange:

1) Cheaper for the company - expenses related to reporting measures and listing fees are lower for frankie than NASDie.

2) Faster: Lots of money now is better than Lots 'n Lots of money later. And there's no reason that Frankie can't IPO at 10 euros vs the equivalent at NASDAQ, so I'm not certain we'd lose shareholder value (in the short term at least).

3) Secure Deal: We have a line of credit in place already for Frankfurt, with conditions. We don't know for sure that the leverage financing would be available for NASDAQ or that the IPO would be successful in raising money to payoff the acquisition and SDVI. It could be...it SHOULD be...but (at least to us shareholder's without inside info) it is more of a variable than the deal that's already been given to us.

4) (streeeetching) Promote expansion of Graffiti as a worldwide company and entry into the European markets (may be the plan if the big acqu isn't an american firm).

5) Unrestricted GRAFF stock for us benevolent (and handsome) owners outside of US on IPO day. And I've seen a few european posters on this board, so I don't think I'm alone on that one. :)

Enough to start the ball rolling I hope, hehe. Fire away,

Cheers,
Saredi