so to circle back, Todos apparently plans to do a
Post# of 30066
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Posted On: 03/09/2019 10:18:37 PM
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so to circle back, Todos apparently plans to do a raise in coordination with listing on Nasdaq cap markets.
we have no guaranty we will own 50% post. either they do the rasie/list and then we come to own 50%. This is the less likely of the options given its a complication to raising money, and would mean that the current owners would own a minority stake compared to AMBS.
Or, again, if they complete the deal and give us 50% before a raise/uplist, then as others have pointed out, we own just as much as the current owners, and will therefore have control over the raise such that we don't get diluted to oblivion.
I reiterate, I would rather own a percent of a company that can successfully raise money on a US market, than have more of a percentage of a company that can't (or just have our assets in development hell like they've been for 4 years).
also, while not technically THE IPO of the company, it's not outside the parlance to call the coinciding raise with an uplist an IPO, since it is the initial offering on the new exchange
we have no guaranty we will own 50% post. either they do the rasie/list and then we come to own 50%. This is the less likely of the options given its a complication to raising money, and would mean that the current owners would own a minority stake compared to AMBS.
Or, again, if they complete the deal and give us 50% before a raise/uplist, then as others have pointed out, we own just as much as the current owners, and will therefore have control over the raise such that we don't get diluted to oblivion.
I reiterate, I would rather own a percent of a company that can successfully raise money on a US market, than have more of a percentage of a company that can't (or just have our assets in development hell like they've been for 4 years).
also, while not technically THE IPO of the company, it's not outside the parlance to call the coinciding raise with an uplist an IPO, since it is the initial offering on the new exchange
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