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trader59

10/29/18 5:09 PM

#50919 RE: Koan #50915

Well, thing is this company needs no capital, and to amass a "war chest" like they have wrequired them to make savvy business decisions and investments. It would be beyond irrational for them to go public to raise additional capital to start up their new factory, and beyond stupid to do so by instantly taking on $60M in debt. That's pure fantasy.

Even if they were to decide to go public, they'd have the common sense, accountants, and lawyers to help them pick a shell that doesn't have the debt this one does or to do an IPO.