RE:RE:What ifI agree 100% about the big funds taking big fees. Not sure about investors selling there, funds at this stage would come in and stay till buyout.
pepelepieuxx wrote: I wouldn't want Oroco to raise $ from any big fund. Now that there's only 1-2 more raises needed and the price is high enough so as to not cause undue deletion, private placement with current investors is probably the better bet. The "funds" did not come through at much, much lower prices. It was individual investors who did. Also, funds charge a ridiculous amounts in fees, taking a big percent of the $ raised, and force the company to complete a very expensive prospectus, and their investors just want to make a quick buck and sell the stock.