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Choi

07/26/17 2:55 AM

#100753 RE: Stock Farmer #100726

Yes, this process will help expedite our up listing to Nasdaq which could take as little as less than 4 months from what we discovered recently. Instead of having to wait for the tradional 1 year seasoning period, we could just use the underwriting commitment/bought deal agreement which is another form of a financial arrangement often associated with an IPO. The underwriter, such as an investment bank, purchases securities from an issuer before a preliminary prospectus is filed...