(Total Views: 382)
Posted On: 02/17/2020 3:33:50 PM
Post# of 36564
No problem with the IPO. I like it. If NGIO is that strong valuation wise, bodes well for great pricing if the share structure is good.
"Steve Frasier: Okay. I saw $3 levels were companies that had some track records and things
like that. I was just trying to gauge what we might come out as share price. If we
were going as an IPO, maybe we have to go the $4 route, which is obviously
better for us. Come out the higher the price, the better. I am just trying to gauge
as to which route you are saying that we meet with Nasdaq to go the IPO route.
Joe Moscato: Listen, $4 is preferable. Opening up at $6 is fantastic. Opening up at $8 is better
than fantastic. But $2 gets me to Nasdaq. Right? So it is $2, $3, or $4. Where we
fit into that are the different requirements. I leave that up to the attorneys, the
people that will be doing the evaluation work, and then the investment bank
that we are utilizing to take this thing to the Nasdaq."
Let's go for the $8, because who doesn't like "better than fantastic."
"Steve Frasier: Okay. I saw $3 levels were companies that had some track records and things
like that. I was just trying to gauge what we might come out as share price. If we
were going as an IPO, maybe we have to go the $4 route, which is obviously
better for us. Come out the higher the price, the better. I am just trying to gauge
as to which route you are saying that we meet with Nasdaq to go the IPO route.
Joe Moscato: Listen, $4 is preferable. Opening up at $6 is fantastic. Opening up at $8 is better
than fantastic. But $2 gets me to Nasdaq. Right? So it is $2, $3, or $4. Where we
fit into that are the different requirements. I leave that up to the attorneys, the
people that will be doing the evaluation work, and then the investment bank
that we are utilizing to take this thing to the Nasdaq."
Let's go for the $8, because who doesn't like "better than fantastic."
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