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Sunday, August 30, 2009 6:34:13 PM
I have taken an ownership stake in several companies, but I did it through private placements, not by buying open market shares. The company gets nothing from an investor buying open market shares, while they get 100% of the cash from a PP for working capital. If you are going to make a serious cash investment in a company, this is how it is done.
I said before that I wondered why JD didn't go the PP route if he really has the goods?
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