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Re: Noemotionseller post# 18127

Wednesday, 11/26/2014 1:51:51 AM

Wednesday, November 26, 2014 1:51:51 AM

Post# of 140502
Thanks for all the straight up reponses. Just to clarify, I absolutely understand the inherent risk in investing in a tech start up. And, I do not feel entitled to make money. I have also never sued anyone for anything. However, in this situation, while I expected risk in the sense that no one knew how the market would respond to this company's product, I did not expect that the company would simply change its plans after convincing me through those plans to invest my money. I do feel entitled to have this company act in good faith towards me as an investor. That's what I expect. Changing the plans after convincing so many people to invest with a reasonable expectation of a return on that investment within 12-18 months is shady. The grounds for a suit would be be something along the lines of fraud. Continuing to attract investors based on information that was overly optimistic, refusing to answer investor inquiries, and repeatedly insisting that titan was on track to meet the milestones, taken together, lead me to the belief that we have all been ripped off. Given the absolute lack of information, actually, the insistence that titan was on track to meet its milestones, only to have the entire thing change with no warning seems very strange. Again, one expects risk in the marketplace, not from the people who owe investors a fiduciary duty. I personally requested information from this company several times so as to make the best decisions I could. They did not provide that information. Investing is very different from walking into a casino. In a casino, you really are gambling. When you are told by an apparently repitable company that your money will go to a specific purpose, your money should go to that purpose. The only gaming you're doing is on whether that purpose will result in a profit, not whether the company will do what it said it will do wth your money.