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don estaban

01/28/17 1:15 PM

#39180 RE: rocknroll350 #39179

I just saw a commerical for mimoni based out of dallas seems there in the same smart home business. Hopefully we grow fast

maddog 20/20

01/28/17 4:50 PM

#39183 RE: rocknroll350 #39179

A quick Google search would give you a example of what they look like.
Let me warn you I have made mistakes with a lot of 000's behind it.
I am more concerned about my money than anybody else in the world!!

I have seen them where if you were not a accredited investor they have another line with something to the effect of a experienced investor.

The 3 big areas of concern for me are
1. Money is tied up for the restriction period. I have seen some that you get a mix of free trading shares and a mix of restricted stock and warrants as well.
2. If everybody buys at the same time they all get released at the same time. If they raise $250k at .025 that would be 10 million shares that could hit the market at the same time.
3. Volume needs to be high enough so you can sell shares. It does no good to have millions of shares if nobody will buy them. I did not double check but I think they had some 3-4 million share days last week if you try adding another million to get out it would not of held the .04's. 100k share days would are long and boring.