Can't wait to see under the hood here. They obviou
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Posted On: 03/29/2022 11:03:48 AM
Re: SVENoftheNORTH #1783
Can't wait to see under the hood here. They obviously are well capitalized already, may have some funding/grants from the Chinese government, and will use capital markets to make up the rest.
On that last point, they won't get enough from the OTC, necessitating the need for a real listing. Sounds like they have enough assets in the pig business alone ($80 million) to take the path of NASDAQ Standard #4 - Assets With Equity. They also need a $160 million market cap with $55 million in stockholders' equity. Neither of those numbers seem out of reach given the assets.
Once they are revealed of course.
On that last point, they won't get enough from the OTC, necessitating the need for a real listing. Sounds like they have enough assets in the pig business alone ($80 million) to take the path of NASDAQ Standard #4 - Assets With Equity. They also need a $160 million market cap with $55 million in stockholders' equity. Neither of those numbers seem out of reach given the assets.
Once they are revealed of course.
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