Right on track again. The reason the company never had a IPO is for the very reason that we are talking about. No one wanted to take them public because of the LEGAL outcome. This is still Plaguing the company. The company saw fit and rather smartly reversed merged to become public taking the chance to now have access to capital, It looks to play out beautifully. Once this this legal issue is resolved everything will fall into place. It wont be a $1 anymore or on the bulletin board either, NASDAQ next and then NYSE. Looking at the filings the largest percentage of their debt 80% is legal fees from fighting this lawsuit.
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