I cannot speak for any other company in regards to why they chose to be Listed on the Deutsche Boerse (instead of in their own country), but I can however, tell you why our company did this.
First, our company almost busted in 2007 because
of the sub-prime lending debacle here in the United States. We were fully vested in multiple huge projects here in Las Vegas that would have catapulted our company into multi-millions of revenue generating profit dollars. Unfortunately, we had all of our major projects fail within just a few months. So our management team, the wind knocked out of us, had to step back and regroup. We met with many Angel Investors, and although there was a lot of interest and promises for investment money, the Angels were just as caught up in the sub-prime lending crash as everyone else. And so there was no money available. Naturally, next we started learning about public funding. I spoke with a good friend of mine at a Las Vegas company called Klegg Electronics. They had just gone public in the U.S. on the OTC BB. I was told that the OTC BB is a clumsy and difficult way to raise funding and I was warned against it. So then we shopped the world and found that the Deutsche Boerse was the best financial product fit for our company. And it pleasantly surprised us to discover that the DB represented 1/3 of all trading in the entire world. And so the rest is the story of HOW we are here today |
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