GREY:CNONF - Post by User
Comment by
HomerAndCompanyon Jan 24, 2019 10:41am
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Post# 29275350
RE:RE:Stockhouse engaged today, "Oak Hill" IR signed on yesterday
RE:RE:Stockhouse engaged today, "Oak Hill" IR signed on yesterdaymystique1, I'd like to hear more about "strong managment" and "platitudes for IR", as I respect you opinion & I'm not sure what you're saying there.
But BridgeMark is an interesting case. If I understand it right, their scam involved issuing stock to "consultants" and then paying much of the proceeds back to them for consulting services. The "consultants" then proceed to flog the stock and as long as the company insiders and "consultants" who are initially the only stockholders restrain their selling the shares go up. In this case, as the consultants didn't really have a net investment anything like the IPO price, the actual value of the company could be near zero.