(Total Views: 264)
Posted On: 01/01/2020 4:17:03 PM
Post# of 36566
Per 10/15/19's GNBT PR - Merger with Public Vehicle for Public Trading of NuGenerex Immuno-Oncology...so, maybe the following is what GNBT is doing...if that's the case, then maybe NGIO can start trading soon...
Copied and pasted from a law office's website -
Costs and Timelines of the Going Public Transaction
The costs and timelines are important considerations in determining the method for going public. All transactions may be financed by a bridge loan. A reverse merger is the most certain method for going public and fastest process for going public, but also the most costly. A reverse merger may be completed in 30 to 60 days....This vehicle is, or should be, fully current on filings and financial disclosures, be SEC reporting instead of Alternative Reporting, be debt free, and have all taxes paid. The vehicle should also have more than nominal assets or operations and have a history of having more than nominal assets or operations.
Copied and pasted from a law office's website -
Costs and Timelines of the Going Public Transaction
The costs and timelines are important considerations in determining the method for going public. All transactions may be financed by a bridge loan. A reverse merger is the most certain method for going public and fastest process for going public, but also the most costly. A reverse merger may be completed in 30 to 60 days....This vehicle is, or should be, fully current on filings and financial disclosures, be SEC reporting instead of Alternative Reporting, be debt free, and have all taxes paid. The vehicle should also have more than nominal assets or operations and have a history of having more than nominal assets or operations.
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