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Re: g-ianni post# 76646

Friday, 02/19/2010 12:21:50 PM

Friday, February 19, 2010 12:21:50 PM

Post# of 76909
$250 maybe for a fully reporting one. I can probably get away with a non-reporting for about $85k, pay another $10k to a bunch of forum pumpers, then dump a Reg D 504 sale at about 1000% profit... Oh wait I'm not Brola.

On a serious note, I know a lot are for sale less than $100k but are only offering 95% of their total stock (so the original owners can retain profits, obviously).

I am looking at two right now:

One is a pink-sheet reporting company that was bought by a printer supply company and went bankrupt. The other is a little more pricey, but has a perfectly clean history ($275k is the listed amount - I can probably talk them down to $250k).

For a single website without inventory, though, I would feel silly as an investor purchasing shares of a company that is still in development stage. But isn't that the fun in pinks?

I think as long as I don't make the mistake of never updating the shareholders, it could be a good thing. Have a timeline, have a budget, and stick to it all.

Get the warehouse.
Start the initial inventory orders.
Build the website.
Receive/sort/invetory the stock.
Begin Sales.

I would have to have a lot of help with demographic research, market and competition research, and cost-profit analysis.

Anyone interested? lol

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