InvestorsHub Logo
Followers 18
Posts 1644
Boards Moderated 0
Alias Born 03/13/2009

Re: goldstandard post# 85325

Wednesday, 10/20/2010 12:23:16 PM

Wednesday, October 20, 2010 12:23:16 PM

Post# of 103340
Have you ever worked w/a PIPE? You get your money upfront. They get discounted shares (typically 30-40% off retail). They gettem at .0005 and sellem for .0007; so they've just made a 40% profit.

It happens everyday in this industry.

The guys from Mazuma, TJ, etc. will call you constantly w/the pleasure to "help you".

It's almost like they're saying, "JD, you'll make it right for your shareholders one day. Keeping the company afloat; that's what's in the best interest of the company and shareholders, right now. And, oh by the way, we won't dump your shares, so you won't haveta worry about the price going into the toilet."

But, there are those times when Mazuma will get while the gettin's good and end up dumping them, anyway. They're not the ones having to answer the phone calls; that falls onto JD.

Oh, you might get a little pissed at them; that is until they call you back in about two weeks to see if another $25,000 will do ya. You know, it's time for payroll, etc. Not really enough time to stay pissed when you have your family and friends to feed.

This kinda stuff goes on day in and out in this business. I've thought of getting myself into this kinda business, but my problem is having a f*n conscious that tends to interfere w/these types of opportunities. I've got the wherewithal, but I also like to sleep at night.

Hope this helps.