Mits and maybe Mach provided info on the possible
Post# of 9144
(Total Views: 365)
Posted On: 11/24/2017 8:43:37 PM
Re: rayludwiczak #4029
Mits and maybe Mach provided info on the possible sale price of the patent(s)
It also depends on how the deal is structured and how much is paid up front
big companies could also pay for the right for a temporary exclusive option,often with a non-disclosure agreement (NDA), while exploring or crafting a deal. A good deal does not happen overnight.
Once NNLX has sufficient funds,they can pay to upgrade their OTC status to current info pink (where many SEC reporting companies now reside) or OTCQB (all of which are SEC reporting).
That can have a major impact on the pps also,for at least 2 reasons 1) investors playing with other peoples money-which includes almost all commercial investors-are pretty much defacto forbidden by fiduciary duty from investing in an OTC "no info" company
2) upgrading to either category usually greatly reduces the 3 major reasons shorters attack/target "no info" reporting companies
NNLX presumably and reportedly has not upgraded their OTC status because it takes time (a reported 44 pages of regulations by evermore strict OTC to upgrade-especially under the previous political administration,whose political appointees still reside over many of the 4004 political posts appointed by Presidents) and money-more accounting costs plus fees to OTC.
It also depends on how the deal is structured and how much is paid up front
big companies could also pay for the right for a temporary exclusive option,often with a non-disclosure agreement (NDA), while exploring or crafting a deal. A good deal does not happen overnight.
Once NNLX has sufficient funds,they can pay to upgrade their OTC status to current info pink (where many SEC reporting companies now reside) or OTCQB (all of which are SEC reporting).
That can have a major impact on the pps also,for at least 2 reasons 1) investors playing with other peoples money-which includes almost all commercial investors-are pretty much defacto forbidden by fiduciary duty from investing in an OTC "no info" company
2) upgrading to either category usually greatly reduces the 3 major reasons shorters attack/target "no info" reporting companies
NNLX presumably and reportedly has not upgraded their OTC status because it takes time (a reported 44 pages of regulations by evermore strict OTC to upgrade-especially under the previous political administration,whose political appointees still reside over many of the 4004 political posts appointed by Presidents) and money-more accounting costs plus fees to OTC.
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