[rpr]

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Much cheaper? Why do you think people do reverse mergers? Because you can't do it yourself "much cheaper".

But why does he want to be public if he doesn't need to raise money? It's a huge pain in the ass, with filings and Sarbox and all that crap. It costs a small fortune to keep up with the paperwork.

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Well self-filing for $100K and buying a trading shell for $700K seems like a considerable difference. I believe the only advantage is time, although I'm not certain. I'm curious how much these people are profiting off setting up shells, especially when they retain equity in the new company.

He said something about getting paid twice and eventually getting listed on the AMEX. And I suppose he wants to raise hundreds of millions. But to me, building a successful private company over years and then doing an IPO seemed more legitimate and profitable.

Also Sarbanes-Oxley doesn't apply to the Pink Sheets.