RE: RE: RE: What About the Shareholders? Amen 11, Thanks for educating me about my right to sell this public company, what would I do without your advice? Do you by chance believe that calling people stupid is the best way to behave on a public board? Did you also have answers as to why the recent PP was closed and well below the market price? Well I bet it was to raise money to pay expenses right? So why was it only issued to management only? Well when you call and get the spin on that, I am sure you will reply with more wise advice for me. Wake up and learn that not everything that glitters is gold and that we all have right to opinions and the smart can read between the lines! Why are you so offended by the though that something that was not to your best interest was done? do you just live in dreams? For those who want to exchange ideas, please respond!
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I'm obviously NOT going to get into the joyful pi$..$ing contest that you seem to enjoy with ..who ever. but if you allow me to respond to your question as per the item I highlighted in purple as it pertains to the yellow item - let me share...if I may.
In order to qualify for such a placement, you would have to
A: Be a certified trader (wealthy individual - recognized as such) who can qualify to acquire shares or warrants of a Corporation issued without a prospectus.
B: Acquire such, through a third party such as your broker , who would (according to rules) have formerly educated you as to the risk and perils of investing into such or such vehicle not supported by a formal prospectus, hence based on hear say and references.
Bottom line?
You have to be legally recognized as a Pro investor ( bankrupt or not is not the issue) but a Pro..who knows the ins and out and can deal and recognize that there is no suing against anyone given there was NO prospectus about said or such offering. Been there done that , signed documents and still not allowed to participate on this or that,,even if I'm broke !
PP..without the help of your broker it is a tough one to get in....unless you have the connection or the bundle in which case you would not be here wondering what the h.....
For what it's worth..this is the short form ..a Lawyer will be better positioned to give you the ins and out, and often Corporate Lawyers of your TARGETED investment will jump in to offer the ins and out...(that's how I learned) so try it.