InvestorsHub Logo
Followers 7
Posts 1319
Boards Moderated 0
Alias Born 07/15/2007

Re: Welcome2Pinkyland post# 29

Sunday, 07/22/2007 8:59:02 AM

Sunday, July 22, 2007 8:59:02 AM

Post# of 53
I have been subscribed to their newsletter for a year and a half. So far, I have received nothing. There is an investor link on their home page with a number to call for user name & password. I wonder how private investors such as we could go about investing.

If, as droopeyes said we would be lucky to buy 5,000 shares, that would not be much of an investment either for the company or the investor. For at the current price of .0001, that is only a fifty-cent investment. That would seem to be of little significance for a multi-billion dollar project that needs funding. Why would the company even bother?

I have had no experience with grey sheets, but I've always suspected that somehow a private investor would have to pay considerably more than just buying a few million shares for .0001/share. Just guessing here, but maybe there is a minimum amount of money you would have to invest, like maybe $50,000 or so. Then they would just issue new shares to you. Even that figure would require 500 investors to raise just half the capital needed to fund this project. Aside from that, the outstanding shares would become enormous. No, I think that in reality once shares start becoming actively solicited and traded (and generally know to the public) that the stock price will rise significantly. The company would go quickly to OTC then Nasdaq. When Wynn casinos went public, their stock was offered at $14/share.

Irregardless, any shares we would be able to get now should grow tremendously in value by the time the project is completed and the doors are open. That is not projected to happen for 3 years. I have had this company on the back burner over a year, just waiting for some volume to indicate that it was time for me to jump in. That has not happened yet(only a few shares traded once every month or so), but the project seems to still be going forward and I am still waiting.

Been running in the rat race so long, isn't it about time you won it? Become a Master of the Rat Race!