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Chachagirl

09/20/14 5:55 PM

#4309 RE: wilma6311 #4308

You've misstated the article. The Forbes article that came out this week is very clear that the Nantworks is the parent company with 9 operating companies. Nanthealth is one of the 9 operating companies and that is slated for IPO. The parent Nantworks is an LLC and you can not do an IPO of Nantworks or it's operating companies unless you change the structure of the parent LLC to a corporation. Given the value of Nantworks at $7.7B, it's tax prohibitive to convert to a C corp and then pursue an IPO. The doctor has a clean shell in Keyo which if used for a reverse triangular merger, classifies this as a reorganization. A tax free event. The article also specifically states that the operating companies that do not go through an IPO, will be issued a tracking stock.

You stated in a prior post that you do not own shares and now you tell everyone not to buy shares. Things that make you go hmmmmmmm.
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hestheman

09/21/14 2:37 AM

#4332 RE: wilma6311 #4308

Wilma....a simple question, was PSS "quoted" in the article as saying he will do an "IPO"? Or rather....was it a statement of the article itself? You have been told about the difference....yet you still make the same tired statements....why is that Wilma? Why mislead people?