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swingingRichard

10/05/18 12:17 AM

#141417 RE: DrContango #141412

I find e HT IPO troubling. It's a subscription based business for the most part. Those business grow by "growing" the subscribers.

There is one reason to have an IPO. THE purpose as I'm sure all are aware, is to raise capital. But, you have to ask them "Why did they choose the IPO route?" You have to ask that, because an IPO is not the only way AND it is not the cheapest way in the short and especially long term.

That rag has been around for a long time so "why now?"

1. They cannot grow the business organically.

2. The cannot secure private funding.

Personally, I think they are just a bumbling business that are late to the MJ IPO bonanza of 2013/14.

Not with my money.
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integral

10/05/18 7:13 AM

#141424 RE: DrContango #141412

Oh geez, those pumpkins are soooooo cool. Someone must have been high on times when carving them. No professional financial institution will take them seriously, especially when raising capital to pay off debt. Nobody likes to pay someone else's debt for their former screw ups.

When I was in Capital Markets back in the 90s at my firm, I got 300 + Bplans a month, and anyone that mentioned capital raise was to pay off debt, I was instructed to immediately throw out the Bplan.

Go straight to the Exec. Comp., Use of Proceeds and Fins. If there are any red flags....3 minutes will save 2 days of your life reading 500 pages that someone paid $50,000 and their Director of Biz Dev that took six (6) months to put together after research.