I agree with this point of view. Visolis is actually the perfect company to r/m into this. They’ve already registered themselves in Quebec. They also have to be merged into the company to utilize the NOLS. An IPO isn’t necessary when you ultimately have the backing of two of the largest chemical companies in the world. LCY/KKR.
As plainly spelled out in the monitor report . The new corporation being formed to buy the assets is not even formed yet . Its is going to be a private Canadian company . Meaning they have zero finacial history . Not getting listed on any exchange that way . With no revenue or more importantly profits . Also would be senseless to reverse merge with an empty shell . Nols would be useless as you actually have to make a profit to use them . And no guarantee thats going to happen anytime soon . Nice fantasy though .
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