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Homebrew

01/13/21 8:09 PM

#65831 RE: TJ24 #65830

No. IPO is when a company goes public. ENZC is already public.
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suny66

01/13/21 8:35 PM

#65838 RE: TJ24 #65830

ENZC will enter a major board like NASDAQ through the "back door" by means of the recent reverse merge. By going this route they have some advantages~
1. Bioclonetics avoids having to seek private investors to raise required funds of at least $100M to get to the big board.
2. Reverse mergers custumarily take less time to make it to the big board.3. No Initial Public Offering(IPO) is needed.

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Jack Torrance

01/13/21 8:59 PM

#65846 RE: TJ24 #65830

Not an IPO. It would be an uplist.