I suspect, and guessing a bit but again trying to think
I suspect, and guessing a bit but again trying to think like a KOOS...that the next thing we will see and sooner than later and prior to the REGEN ticker and news, will be REGEN filing with the SEC to register up to 5M or so shares (just a number I am pulling out of my arse but makes sense based on below).
I also think they make some kind of filing for the creation of preferred shares at the same time that BMSN will own, to guarantee control of REGEN.
Seeing a filing to register another 5M shares or so will tell us everything!!! It will mean they are planning some type of offering with the IPO of REGEN which will accomplish many many goals. It will set the price of REGEN ( without an offering the price is set by the market alone on trading day), it will have an underwriter, it will raise funds directly for REGEN and with say the 5M offering (or less....I think 5M would be the max) at even $5 a shares, would generate $25M before fees, to REGEN as well....funding them for the forseeable future with limited effect on us current REGEN owners!! Also think about what/where an offering like this would place REGEN.
It would also mean that the FDA news we are all waiting for is IN THE BAG as none of the above would be able to happen without it. Keep your eyes peeled for 8k and/or other SEC filings about shares!!!!
Again, this is what I would do exactly....and the first thing that would happen in this chain of events would be a filing to register additional common shares (with a supposition to maintain control accompanied by preferred shares for BMSN).
I have NO INFO on this and had this grand vision while walking the dog this am, but I have been spot on so far with what is happening since the REGEN spin-off was announced in October.
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