TSXV:ONV.H - Post by User
Post by
Oilguy316on Jun 29, 2017 10:52am
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Post# 26419077
These founders never put anything at risk
These founders never put anything at riskClassic play. Package a group of generally unloved/overvalued assets using an already existing shell, give the insiders a ridiculous number of shares, attach an unrealistic valuation report, do a public offering of some sort, sell enough shares to recover initial investment, hold significant shareholder postion in a company without any real exposure, get bloggers and newsletter syncophants in Vancouver to write glowing reports on this 'new' opportunity.
Rinse, lather, repeat.
What could possibly go wrong?