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Re: 2IRAs post# 268924

Sunday, 01/06/2013 9:22:51 PM

Sunday, January 06, 2013 9:22:51 PM

Post# of 362759
"100,000 additional rounds tells the tale" (I know that was hypotheical and exaggerated). I see this as a more democratic process, in line with the rest of the developed world.

Someone addresses a gathering of people and offers to sell a pizza that is cut into 100 pieces for $1 per piece (each piece representing a full participation in the offer). In that same announcement they state that anyone buying pieces can bid to buy any leftovers based on how many pieces they bought from the original offer.

That's how it has been done for dozens if not hundreds of years. Those who have the conviction of belief to "pony up" will be offered more. After that round, those that bought the second will be offered the third prorated on their percentage participation in the second.

Make no mistake, there is no catching up with Offor on this, in the end he will own a larger percentage, but I am *very* comfortable with how this is playing out.

People maintain anonymity for a reason and it is rarely noble.