Hi Paul - I should have been more specific! I am/
Post# of 36566
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Posted On: 12/06/2019 5:47:48 PM
Re: Paul Jackson #9781
Hi Paul - I should have been more specific! I am/was in the railroad industry, and the deals we were involved with were trading rights (granting and asking for rights) to run trains here or there. Sounds simple, but it never was!
I don't have any experience in any company that has spun off a division for public offering, so my guess is probably worth nothing. I haven't read the transcript of the CC (I was on for about 2:15), but IIRC, Joe said they were vetting the shell (or maybe that was in a prior call) to make sure it was clean for merging into. This time of year that may be problematic, with the holidays and all. I assume the vetting is done by lawyers (isn't everything?), but I don't know if that's in house (where it would be priority) or outside counsel (where it might not be priority). I'll be optimistic and say there's a 60/40 chance it gets done prior to the first of the year - but that's just a guess with no factual reason for support!
I will admit before the CMF thing I thought that by Dec 15, we would be seeing a major improvement in pps due to NGIO and potentially the NAS uplisting (my anticipation just caused the Gods to laugh harder). But the CMF thing has pushed back that effort, so now I'm hoping for improvement by Feb or March 2020. NGIO shouldn't be as affected by CMF's breach as some of the other initiatives, so that's why I'm still giving it 60% chance of seeing that this year. But I wouldn't put any money down at a sports book in Las Vegas on any of this!
I don't have any experience in any company that has spun off a division for public offering, so my guess is probably worth nothing. I haven't read the transcript of the CC (I was on for about 2:15), but IIRC, Joe said they were vetting the shell (or maybe that was in a prior call) to make sure it was clean for merging into. This time of year that may be problematic, with the holidays and all. I assume the vetting is done by lawyers (isn't everything?), but I don't know if that's in house (where it would be priority) or outside counsel (where it might not be priority). I'll be optimistic and say there's a 60/40 chance it gets done prior to the first of the year - but that's just a guess with no factual reason for support!
I will admit before the CMF thing I thought that by Dec 15, we would be seeing a major improvement in pps due to NGIO and potentially the NAS uplisting (my anticipation just caused the Gods to laugh harder). But the CMF thing has pushed back that effort, so now I'm hoping for improvement by Feb or March 2020. NGIO shouldn't be as affected by CMF's breach as some of the other initiatives, so that's why I'm still giving it 60% chance of seeing that this year. But I wouldn't put any money down at a sports book in Las Vegas on any of this!
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