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Re: riskanalyst post# 21336

Tuesday, 10/05/2010 12:11:21 PM

Tuesday, October 05, 2010 12:11:21 PM

Post# of 35767
"Legend securities is not an underwriter or a bank and is not acting as a principal in the transaction or buying for its account. Legend Securities is a placement agent and is engaged with Alexis minerals for the purpose of structuring and placement of the facility to investors. Legend Securities is not presenting a firm commitment to finance the offering nor has a firm commitment from investors to purchase the investment; all Legend placement capacity are subject to successful structure and marketing of such investment and is on a best effort basis."
Thanks for your concerns. I think if you wait for a few weeks and after the deal finalized, the real investor(s) will show up. Legend is only acting as a middleman and collects commissions I believe.

Buy cheap, undiscovered stocks!

Disclosure: I usually own the stocks I post the most. The more I discuss, the more shares I own. Do you own DD before placing the trades.
Please post stock symbols first in all your posts.

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