# 1 paying goldman sachs 30 million dollars and about 10 million shares to do a ipo off the top of my head would be the # 1 reason
IPO fees are approximately 7% of the funds raised so, Intellasys would receive $390 million(approx)in cash by paying $30 million. They have free use of the MMP Portfolio and have an automatic NASDAQ listing.
when you can merge with ptsc for peanuts and then go to a higher exchange later on
This would NOT be a merger of equals, as I have pointed out before. Please look at the product line. Also, why go OTC BB why one can go direct to NASDAQ?
Be well