Replies to post #84587 on Starfleet Innotech Inc (SFIO)

[multivalue]

So according to investopedia...

Generally, an IPO is a company's first issue of stock. But there are ways a company can go public more than once. ... It allows the investing public to own small shares in any of the many companies that have grown large and hugely successful since they first went public.

Vetting this all out then... according to filings:

($SFIO is already public and has shares out on the open market) is controlled (owned?) by Hatadi Shapiro Supaat (CIO) (aka Paul Hata) but has Jeths De Jesus Lacson as the Chairman and CEO and Mark G. Epifanio, as the COO.

AgroKings is also owned/controlled by Hatadi Supaat?! (See annual filing) AgroKings is part of SFIO, no not yet?

Epiphany Cafe, Ardent Bakers, A+ Electrical, Gorgeous Coffee, ChickenFRice are owned by Lacson and Epifanio?? Right? I can't see they gave it to Hatadi.

SFIO is already public. Why are Lacson and Epifanio are talking about IPO'ing SFIO? Is it that they want funding to expand globally so they will offer large blocks of shares at a discount to the market price?

Some things are not adding up to me.

[Beauneedsbiscuits]

I am also a little confused by this connection with this crypto coin company. Anybody have any further insight on that please Post it here.

It's actually a little encouraging to see they're going with a reverse merger than and IPO. If they were so desperate for money for operations like KBaz Seems to think... They probly would have gone with an official IPO. True, They could sell more shares once they have the merger behind them, But if they need more cash for expansion then it's either dilute current shareholders or get involved in toxic debt...... If either of these options do not end in profitable growth.... Then they both have the same effect on shareholders one way or another.

Be careful Wishing for an exaggerated Stock price Once all merger issues are complete. These Merger law firms tend to like to see a high Market cap value Which can be beneficial to a new company...... But there is a potential downside to that as well. Once they fully own whatever new stock ticker they will change it to... They will at some point be judged on some level of price to earnings or price to sale basis. If the market cap is so high that their PE is something stupid like a 100 to 1.... They will be considered overvalued and can crash significantly. This is why it is important to know where we stand with their actual financials!!

BTW, Did I read kbaz Post below correctly That he thinks a reverse split would end up in a different market cap value?