It's simple, this company is being prepared to be merged into the parent companies other operations, or maybe this Billionaire might reverse his other companies into this one and then go for NASDAQ. That would be the very cheapest way of doing it by far. It'd save him a heck of a lot of money!
Company has over $100mill in DOD contracts for the next 5 years.
Huge buy by Johan Eliasch a Swedish billionaire businessman, and the chairman and chief executive officer (CEO) of Head N.V.,[2] the global sporting goods group, and the former Special Representative of the Prime Minister of the United Kingdom.
Johan Eliasch (born February 1962), is a Swedish billionaire businessman, and the chairman and chief executive officer (CEO) of Head N.V.,[2] the global sporting goods group, and the former Special Representative of the Prime Minister of the United Kingdom.