RE:Okay then..Okay you gave us one example of a company you were involved in, big deal, Even XBC by your own words intially had to offer warrants until it got waaaaay overhypyed and had enough cash that it looked attractive enough for investors to particiipate ina pp without the draw of a warrant. You of course left out how much of a discount to the trading sp the PP;s were offered at........
If there was NO discount to the trading sp and there were NO warrants offered then who would ever participate and WHY?!?!?!?!?!?
Seriously who would voluntarily buy shares that have a four month hold that prevents them from trading when they could puchase the exact same shares on the open market with NO hold?!?!
Since your such an experienced and expert trader why don't you explain to us the rationale for doing such?
In my opinion anyone that would buy shares that are locked in for four months unless there was a 'sweetenr' attached like dicounted sp or warrants is a FOOL and should not be in the stock market or playing these types of offerings, Anyone who recommends someone to do this is an even BIGGER fool! and probably should NOT be advising people,