IPO ruling

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1

Thanks to the latest changes in the conditions for subscribing to IPOs, holding companies with less than $20 million AS equity are unable to participate, even though they may be sole owners of enterprises of many times this value.

The intention behind the change is ostensibly to prevent cheating, but the result of this change is an arbitrary and unfair discrimination against the vast majority of operators of holding companies that do not meet the criteria.

I therefore propose that if there is to be such a rule, then the equity of any solely owned companies be added ino the equity of the holding when determining the limit.

2

2nd

3

Hi, I see you are on Meigs where the ruling has effectively killed off the stock market.

4

I think that there should be rules but it HAS to be [size="6"]Less [/size] [size="3"]strict than the rules that apply now. It is true they should make the ruling based on the total equity. ( Holding equity + Subsidery equity ).[/size]

5

Couldn’t you theoretically just list that wholly owned subsidiary on the market and use the dividends to provide the income that’ll get you to that $20 mil mark?