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emptyone

06/28/17 9:55 AM

#113401 RE: snow #113400

I'm looking at the PDF COSO document on the IR website, it mentions the Pre-IPO financing but where does it mention the need for debt financing... am I missing something here.

RealDutch

06/28/17 9:57 AM

#113402 RE: snow #113400

Perhaps a company will come along and take the whole $150M for 2.5xNTA. That's what I would do. These companies don't care about a listing in HK. As they are in it for the money.

Pre-IPO investors are a different breed. Parasites. They have to be persuaded by some bank to buy some and then they want guarantees as well.