RE:MY THOUGHTS ON PRIVATE PLACEMENTS....its called securities regulation and that's why a company can never sell into a public market..investor protection..PP's have to be done by way of prospectus (larger co's do this typically) or, alternatively, to accredited investors
biloshi wrote:
They should be illegal in a PUBLIC MARKET!
No reason if need be why a company can't sell shares in the open market at market price. By doing these back door deals at a huge discount to market price they are lining the pockets of few at the expense of so many!!!
Cheers!