RE:QuestionI believe they are preparing to become a “serious” company (in western terms where you have to comply with certain kind of regulations in order to collect some money from financial markets)....
Despite the fact that "Russian business people" (with tons of money) have a very different approach in evaluating the necessity of being transparent and following formal guidelines, I lately think they are really trying to comply and move to the next phase of being kind of “accepted” in the west.
Why? I don’t know… Or maybe I can just assume…
Imagine…. Why would someone, with almost 90% of ownership, take the pain and cost to go through all the s**t needed to get and stay listed somewhere, instead of going on taking care of practical business (or just doin’ nothing and enjoying yourself) ?
Only thing I come up with is, that Yanchukov poured in a lot of money into the company (remember the $.25/share) probably believing it will be really profitable (or him making it profitable). So if it is listed, he can/will sell some part of his shares to return part/big part of his investment but still keep holding at least 51%.... At least, that’s what I would probably do in that case.
So I think they’re after 2 major points.
- To start serious production at Nasdekino and show results as long as the company runs under the broader investors radar. That would boost the price enormously on pretty low volume.
- Once they get listed on Venture, we might see volume spike above .25 while the owner gets rid of parts of his shares…. If the results are really really good, and volume comes down while staying around .25, then I believe there’s a good chance that the price goes higher……
This might be totally wrong, but as a straight forward and simple thinking person, that’s what I would do….