InvestorsHub Logo
Followers 12
Posts 426
Boards Moderated 0
Alias Born 01/28/2003

Re: boogaloo post# 10394

Friday, 06/27/2008 7:45:43 PM

Friday, June 27, 2008 7:45:43 PM

Post# of 28831
Sandshark,

The PR did indicate that 12buzz was in negotiations to select a lead broker. New securities are to be issued on a new exchange, so one can argue that the term IPO is appropriate.

Assuming there is a major shareholder that is a principle in the company, I am sure there are deals that can be structured to guarantee the number of shares available at a fixed price.