OTCPK:NGMBF - Post by User
Post by
wildrunon Sep 06, 2009 2:33pm
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Post# 16283018
How Charles would run a hotdog stand...
How Charles would run a hotdog stand...Picture this......
Portly little fella looking even smaller behind a bright silver hotdog vending stand.
"People, we announce we have an IPO on these cancer curing hotdogs made from genuine Saskatchewan sealskin. The initial costs will be $400.00 per hotdog."
Investors gather and begin apprehensively purchasing prepaid hotdogs.
"Please be patient with the delivery time on your hotdogs as we are waiting on hotdog permits, but will announce as soon as we receive approval"
Weeks pass and people begin doubting Charles and his cancer curing hotdogs.
Announcement from hotdog stand. "Permits delayed as hotdogs have been found not to cure cancer but to increase blood pressure"
Price drops from $400.00 per hotdog to $1.50
People are livid. Charles follows up with 2 month spot on BNN stating that the fellow hotdog venders have a cancer curing hotdog and they potentially are considering selling.
Price increases to $5.00 per hotdog on speculation. Charles sells another 100000 hotdog futures driving the price down to $.50 and grants all hotdog stand employees 1000000 hotdogs.
Other hotdog venders begin delivering the cure all hotdogs and their prices increase. Charles's hotdogs increase to $.75 on speculation.
Announcement "Due to the high costs of Frugo hotdogs we will be doing a private placement of 2 million hotdogs at a price of $.10 per hotdog with a warrant of .$25 for 3 years"
Shareholder are pissed but are so far under water they feel they have no option but to stand by the hotdog stand hungry and broke.
Weeks pass and the price of the undelivered hotdogs drop to near zero.
Announcement "We are please to announce the appointment of a new hotdog stand attendant. We are going to grant him 5 million hotdogs for incentives and unfortunately have to do a rollback of 300-1 hotdogs due to lack of production."
Meanwhile Charles moves 2 blocks down and begins advertising about a cancer curing hotdog and begins selling prepaid orders......
Sound familiar????