Monday, December 17, 2018 10:32:46 AM
My bigger issue is the lack of business common sense being portrayed. Some posters on these boards like to brag about their business knowledge and previous success. But as is made clear in the San Felix scenario they are trying to sell everyone a line a story that makes no business sense. (need I also mention the attempted misuse of the business term "LOI" trying to backtrack by claiming it commonly means "Lots of Interest" when anyone who has an ounce of business knowledge understands the term to mean "Letter of Intent" - a term which can have legal business implications)
So these posters were either incredibly lucky (and naive) in previous endeavors or they are knowingly trying to sell a line of crap to investors.
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