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BIOCHEMUP

03/31/19 8:32 AM

#32649 RE: Heyhey44 #32648

Expensive but especially tedious, it takes a lot of time to get through all the obstacles to become public. Much easier to buy a shell.
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getReady

03/31/19 9:55 AM

#32656 RE: Heyhey44 #32648

Money ! It's that simple ...
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trader59

03/31/19 11:58 AM

#32673 RE: Heyhey44 #32648

Not nearly as expensive as giving away the ownership of your company to the bagholders of the shell. That is what effectively happens in these OTC RM's with a large number of shares issued and outstanding like this one. Merge in and the bagholders of the nearly 2B shares are gifted with equity in a thriving business. It is a narrative played over and over, works for those who saw it coming and buy in the trips, notsomuch for those who believe that narrative and buy in higher.

Real companies that want to go public to raise capital and/or with owners looking to sell a stake in their company will do an IPO, and they'll get the proceeds from the sale of stock to the public.
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Masala

03/31/19 12:15 PM

#32676 RE: Heyhey44 #32648

About 5m savings
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ysung

03/31/19 12:24 PM

#32684 RE: Heyhey44 #32648

It’s a huge process man not too mention millions of fee to underwriters


This is done like 8 month but still costs them plenty of money so
they will unveil their plans

They even had their USA listing
press conf last year in China