Thread: Gut instinct?
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Old 11-07-2006, 02:31 PM  
Eric.
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Originally Posted by dirtypool
With all of this talk about the sell and the stock market, it's a wonder that the IPT isn't going to offer payments in stock. It could happen. All they would have to do is promote the stock with the rest of the billiards folks. Then, POOF, viola. They'll double or even triple their money... Do you think that the players would go for that?

Dirtypool
On a serious note, I remember reading something about KT doing an "IPO" of sorts. That is probably the most unlikely thing that could possibly happen. IPO, which stands for Initial Public Offering, meaning that the IPT stock will be listed on a stock exchange and sold to the public, is pretty much a pipe dream. Whitout getting too technical, the company (IPT) would never meet the various regulatory and listing requirements. For that matter, the IPT would be hard pressed to find an Investment Bank to underwrite the issue.

I hope nobody gets sucked in by that one.


Eric
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