Replies to post #25831 on Icon Media Holdings Inc (ICNM)

[Misterate]

I wouldn't say NOTHING to contribute. I don't believe LBA currently deals with 5g tech at this point. If icnm has that to offer, I could see LBA snapping icnm up and then becoming a major player in the 5g industry.

[junebug3211]

JE, yes, it is my understanding from years ago that to go public with an IPO(initial public offering) it is very expensive and time consuming-maybe a year or more and tons of legal and accounting fees. A RM is cheap and quick. Usually the private company picks simply a shell of a public company, but here there seems to be some personal connections.

[RSI38]

JE,

If they do want to go public of course the RM option is WAY easier than the IPO and much much quicker too. BUT, this isn't nearly as enticing as the REAL benefits the "owners" of the private company get when they do a RM as oppose to the IPO option and that is if they do a RM with say ICNM the private company officers/ owners do get to have alot of control in the new company to the tune of 90% or more something they can never dream of doing and IPO.

So these guys have a vested interest in doing an RM.

A lot more control plus more money for them personally of course,,,


The question is will they want to go public and what company they'll use?
ICNM? Is it clean enough?!!

We all hope so,,

Thanks

A