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Alias Born 01/27/2012

Re: WildWest post# 136555

Wednesday, 05/02/2012 12:18:04 PM

Wednesday, May 02, 2012 12:18:04 PM

Post# of 157299
How do you explain the VC funding by La Jolla was not at the $1 to $2 per share that you've been barking for well over a year now? I knew that range was fantasy when I first read it. Now we see the reality of the situation with this company. VC firms aren't going to fund the company for shares at 10x the price everyone else, including insiders, are paying for funding the company... not unless they're idiots. I don't care how much experience someone claims they have in the VC arena. You wouldn't invest in a business that offered you 1/10 of the interest rate they were paying other investors. Same thing.
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