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Monksdream

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Monksdream

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Re: samsamsamiam post# 141116

Thursday, 09/27/2018 12:22:06 PM

Thursday, September 27, 2018 12:22:06 PM

Post# of 222398
Some little magazine with a small circulation is worth $11.2 million?

OK, then how was it bought?

With free cash or a promise note?

Or was that simply the price this Adam Levin created out of thin air?

I don't understand why the magazine wouldn't have found an underwriter to conduct a straight IPO.

But as I read about it, I think there is a lot of debt attached to this deal some way some how.

OK, so a lot of naive idiots pony up money for this crowd funding. And then this Adam Levin nixes the deal and all that money goes down the rat hole.

The Nasdaq's third tier, the AMEX can be just as bad, and last but not least, the OTC, it seems, are financial venues that reward failure.

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