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Alias Born | 05/07/2009 |
Thursday, October 07, 2010 10:48:42 PM
Years go by and the biz doesn't grow because only one customer so Mark cuts a financing deal with the devil himself who screws him and all shareholders royally. Still he refuses to change course, just blame the devil's deeds. Then one year the one customer gets the flu, another year the one customer breaks his leg, another year the one customer's parents say they don't want the kid doing biz with Mark like he has. Then Mark uses all of these very legitimate "excuses" to his original investors as reasons why his biz didn't take off like expected. Then Mark says to his investors that he's going to dilute their holding by 20B shares whether they like it or not and still doesn't change a damn thing. Then a few years later he hires a partner to raise more money but instead the partner says, let's screw your investors even more and do a 1 for 1000 reverse split. Mark agrees and still refuses to do anything different to grow the biz. His collegues at Harvard STILL don't even know he exists all these years later. Now he wants more money. Original investors say screw you and new investors just look at him and laugh.
Where would facebook be today if the kid did that?
Welcome to the World of Dr. Whitney and Itronics.
And then he wonders. Just keep obsessing over the message boards, Whit. Keep paying stooges to come to your defense for every mis-step.
Get any financing yet?
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