Sunday, July 20, 2014 4:19:44 PM
I've injected funds as an angel investor into SU's and existing struggling companies for 20+ years. I know what the rules of the game are and then I have my own guideline and requirements by which I decide to opt in or not.
This has some promise- that's why I am here. But honestly- these things flub all the time...there is a high % of failures at these SU's and beginning merge entities.
When less experienced investors get involved at these levels they tend to think BIG THINGS without really knowing the pitfalls of intricate transactions such as this. You have to a financial background with banking, law, accounting and business to be able to grasp what you need to understand the situation.
IMO even if they were to obtain the filing there is no guarantee the funding actually transpires either and we become an iron ore producer then perhaps down the road some years from now a player in Tonopah. There are no guarantees on anything and until people understand the true reality of the right here right now which I prescribe too-we're just a non-filing pink sheet shell at this very moment.
FEATURED NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM