InvestorsHub Logo
Followers 286
Posts 21275
Boards Moderated 4
Alias Born 09/16/2009

Re: techmover post# 15752

Thursday, 02/23/2012 8:20:12 AM

Thursday, February 23, 2012 8:20:12 AM

Post# of 44235
It is not a problem it is the company illegally issuing shares not following SEC Rule 144 and just abusing the exemption instead of sharing the same investment risk as their shareholders in their own company. It says a lot when the only means of financing are these debt conversions and yet none of those trading cash for shares have no interest in holding the shares here.. Says a whole lot.... Yet even worse is why this company is not seeking financing to show it really is trying to grow a business. If they have a real business plan, marketing and financing secured they could do whatever they wish and likely suceed, but it will not be from using only shareholder equity.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.