News Focus
News Focus
Followers 61
Posts 7957
Boards Moderated 0
Alias Born 07/27/2012

Re: Windbag1014 post# 56326

Tuesday, 01/09/2018 2:14:55 PM

Tuesday, January 09, 2018 2:14:55 PM

Post# of 82004
Say they own 10% of an LLC, that is not publicly traded on any exchange, the books of which are not known, the revenues of which are not known, the management of which are not known, etc.

Shouldn't Sigma be then receiving regular checks from these companies after the 10% conversion, their 10% share of the "profits" from those companies? But we don't even know anything, as to what Sigma will "get" in exchange, or even what a 10% stake means at all, if anything. There may be no profits idk

The problem I am pointing out, is they want to grow as a company by giving away more shareholder money, right? to our "strategic alliances" as their business strategy, but they did that before and never realized any revenues, deals, manufacturing, or any other thing to my knowledge, so why are we supposed to believe this is a good idea?







Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y