“Faster and cheaper” isn’t really the goal when selling stock to retirees and pension funds. Going public is supposed to be a rigorous process of assuring your grandparents that this company meets a minimum bar of compliance and financial quality. Finding a back door to avoid scrutiny is a flaw, not a feature. I get that we all want to avoid the paperwork and red tape in life, but there are certain things that we have seen burn too many people too many times that we as a society demand you slow down and dot your i’s and cross your t’s for very good reasons.