Posted On: 04/23/2015 2:34:47 PM
Post# of 876
I am guessing Davids entrance into WOLV would increase his ability to acquire funding-
(not just because of WOLV's ability to issue shares-and it does not seem any share issuance is immediately in view because after receiving his control shares the A/S will be maxed out again)
because investors would be more comfortable w a public SEC reporting company like WOLV than w a private company which has no public accountability.
So I assume that is part of the chicken and the egg fundraising situation/strategy?
(not just because of WOLV's ability to issue shares-and it does not seem any share issuance is immediately in view because after receiving his control shares the A/S will be maxed out again)
because investors would be more comfortable w a public SEC reporting company like WOLV than w a private company which has no public accountability.
So I assume that is part of the chicken and the egg fundraising situation/strategy?
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