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#5578 by lohertz
Sat Mar 28, 2009 6:25 pm
Given the state of the stock market, I don't think any financial services is gonna underwrite any company and try to take a company with an iffy revenue stream public.

When OOMA starts releasing how many customers they have and how many paying customers they have, then they might be a candidate, but it also depends on the company structure as well.

"Going Public" is just a venture capitalist term to "flip" a company.

The only other reason to go public is to raise capital or financing.
#31501 by southsound
Fri Nov 06, 2009 1:49 pm
Sorry, this has nothing to do with ooma. I've rewritten your post to show what I hear...
franklinmall wrote: blah, blah, blah, blah, and more blah. A company with whom I have a financial interest, TeleNav Inc. plans to sell a whole bunch of stock through an initial public offering and if I can get you to buy some maybe I'll get rich.
#31506 by murphy
Fri Nov 06, 2009 2:26 pm
skowbuzz wrote:anybody know?

If anyone does know they aren't going to announce it on here. That would be a violation of the SEC rules.
Think free room and board while confined to a small room.

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