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Still More Google IPO Speculation
KaffeineKitty writes "SiliconValley.com is reporting that Google will be required to begin filing financial reports with the SEC beginning April 30th. According to the Securities and Exchange Act of 1934 companies that have $10 million or more in assets and 500 or more shareholders must file quarterly reports with the SEC just as a publicly traded company does. Since this is generally an undesirable position for companies to be in most observers feel that Google will now file an IPO. Google officials are of course not commenting. Whether or not the Google IPO, if and when it finally happens, will make anyone money still remains to be seen. For more information on the possible Google IPO see Google IPO Central."
They have tons of cash, so why can't they just to a cash stock-buyback from all but 499 of their shareholders?
A company usually nearly-depletes its cash reserve before going IPO... So the fact that they still have cash indicates they're not so likely to IPO any time soon.
Hi Point firearms does this. They make the shittiest, crappiest, ugliest, cheapest guns in the U.S. While they market their products responsibly and do everything they possibly can to ensure their products don't go to criminals, their status as seller of the cheapest guns available makes criminal use inevitable. Seeing itself as a prime target for predatory lawsuits, Hi Point has broken their company up in just the manner you describe. Each individual model of firearm is manufactured by a different by a different sub-company.