Replies to post #81932 on Protagenic Therapeutics Inc. (PTIX)

[oldaccount1]

that's just a cop out, being that "guy" is easy, however if you did a lil more reading than talking you would see beyond a black and white document

read4wunce

Why Companies Go Private
The panelists noted the following factors that drive a public company to go private:
?? Impact of increasing costs related to the Sarbanes-Oxley Act (SOX), although the
panelists agreed that this was not the sole impetus for going private as many
hedge funds and private equity firms still require the companies that they
purchase to comply with SOX
?? The belief by the chief executive officer and/or the board of the public company
that the company’s stock is undervalued in the public market
?? Decreased coverage of middle market public companies by analysts and a public
company’s inability to convey its message to the public
?? Reluctance by named executive officers and board of directors to comply with new
and extremely personal compensation disclosure requirements of the SEC
?? Increasing market acceptance of going private transactions as commonplace —
fueling the perception in the boardroom that going private is a viable strategic
alternative