Scammers, Spammers, and Slammers

[Phil(Hot Rod Chevy)]

A company that goes public does so for one reason. To raise money to pursue their business plan. They do that by selling shares in their company. That's the whole point of going public. If they can't raise enough money, then they fail.

I dispute that.

A lot of penny stock companies go public to sell stock.

There is never any real business plan nor any plan to run a real business.

Phil