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Monday, December 05, 2011 10:49:32 AM
has anyone posting here run a micro cap company, tried to raise money, ever cut a deal. the reason you go public is to raise money or get liquid. the reason you buy stock is to make money or you believe in the project. I don’t have a problem with the cost of money being fifty percent of what was raised I have a problem with the verb age and how the transaction was recorded, MJ did a deal to keep his company and all of your dreams alive. The guys put his balls on the line and everyone would have reaped the reward. Instead of bashing the guy have a modicum of compassion and see if you could possible put yourself in his shoes.
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