Replies to post #7610 on Music Licensing Inc (SONG)

[trader59]

Except this company claims a value in the 100’s of millions, so giving away any equity to shareholders of a dead company will never be cheaper. Plus, this company had already prepared its S-1 and a couple revisions, sunk costs.
And it still doesn’t answer the avoided question of why this company wants to go public in the first place. If the value was true and verifiable, it would be a cakewalk to get favorable terms on financing of a mere $5M from an institution or venture capitalist.