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wilma6311

12/10/14 8:45 AM

#5809 RE: carla818 #5805

Carla...yet the quotes say Dr. Soon-Shiong said...

Don't you think if he was misquoted he'd have said something? That's quite a serious statement for him to completely ignore and then make corrections last week for saying this year and meaning 2015. If he's correcting the unimportant then why is he completely ignoring the extremely important. Those statements make him liable if he does otherwise. I believe and always have that he is filing an IPO.
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Chachagirl

12/10/14 10:01 AM

#5818 RE: carla818 #5805

Welcome to the board. Glad to see you are doing your DD.

You are correct. There is no IPO in the works. My understanding is that a company has to announce that they've begun the IPO process and then it takes months to do a road show, market and underwrite the risk. None of that is going on here. According to his past statement he is looking to go public as soon as January 2015.

Keyon Communications ceased operations years ago yet it still trades on the OTC. Buys and sells if this stock are happening daily. But the float is very thin locked up by the longs here. What we have is a clean, no liability corporate shell owned by one of the wealthiest men in the world who has reverse merged before. Given that he is "going public" and has PIPE investors and a clean shell, he will very likely do what he has done before and that is reverse merge and take Nantworks public. I believe via Alternative Public Offering. The transaction qualifies as a reorganization. He won't have to convert the LLC to a corporation and then IPO which is a huge tax saving event. It all makes perfect sense. We've tried for months to disprove the theory and there is no more digging to do.

IMHO this is the plan and it will be beautiful to watch it unfold. The countdown of sending this rocketship to the moon has begun.