Saturday, January 27, 2018 10:17:27 AM
My point is they got the two multimillionaires by giving them huge equity upside I am sure (ever see Shark Tank). So why would the millionaires buy up stock? I am fairly sure Owen put up no cash his skills and reputation is his contribution. Also who pays Cycloides. It will be with stock.
Friends and family funding will never pay for this or come close unless their friend is Bill Gates. And those friends are going to want equity.
Finally why would a business partner contract advance funds to a paper company. They will have no recourse if it fails. Why take that risk. It is a phone, there are many options.
I am just wanting to understand. So that I don’t get bashed Know that I have 375,000 shares and will be buying more on Monday. I think this will be big but think we need to understand this. At least I do.
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