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Posted On: 05/27/2023 10:36:37 AM
Post# of 36541
I am confident that Youfeng will get NuGenerex up and running with a good chance of success. The question is; will they do it as a publicly traded company or as a private company. The only way we can share in any success, if the company is private (which it now is), is if the BOD authorizes dividends to be paid to the stockholders. If Youfeng goes public, then we will have liquidity with the option of selling our shares. The only advantage going public will provide Youfeng is they will then have an avenue to acquire capital by selling their stock on the open market, but will then be saddled with all the bureaucracy that comes with being public. If they can raise private capital, what would be the point in going public?
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