"I am assuming the funding for these 2 announced I
Post# of 16816
"I am assuming the funding for these 2 announced IPO's is convertible debt or do you think they are paying in cash?"
-- there are only ever 4 choices:
1. cash
2. debt (convertible or straight)
3. equity
4. some combination of the above
"Thinking ahead, having brokerage services would compliment the TA revenues nicely."
-- I agree.
The effected path so far is to go far into the paperwork rehabilitation phase of the company (name change, audit, S-1) before moving to acqusitions and revenues. The interim step between paperwork phase and acquisitions has been securing funding (virgin shell, realization of some convertible debt, consulting agreement, freeze in share structure).
We're seeing a number of executed / near-executed events start to fall into place now. Once that's done, shareholders can discuss future moves with more clarity. I don't see Matt starting to acquire a brokerage or second TA or whatever, until this upcoming TA acquisition is complete.
"The TA, like you said, brings in consistent revenues each month. This can be used to continue funding the overall operations while the company seeks out new clients to assist going public."
-- I believe that was one of the points in the March 2012 conference call.