Furthermore, although the JOBS Act specifically allows pre-IPO analyst research reports for EGCs, existing restrictions continue to prohibit pre-IPO publication or dissemination of research reports for EGCs until further SEC and FINRA interpretative guidance is issued.
More recently, just two weeks ago top industry publication Golfweek reported that the choice is narrowed, between an existing private country club, Itanhanga, which would reportedly need a full overhaul, or a new course built on a piece of land already located by the IOC.