And now we're being asked to buy into some Canadian group that thinks it'll be the go-to website for consumers and health-care professionals and will grow so big so fast that it needs to go public NOW.
What happened - did MedGen run out of American scams?
If that group's future is so bright they gotta wear shades, where's all the VC money?
I haven't seen Kahiri announce that Keftech is backing Magnifind by pouring millions of dollars into the startup for its public launch. Someone call Ashton Kutcher! ;-)
Instead of bankrolling the startup themselves or seeking VC money, they decided to pitch the idea to investors and hope they'll be ignorant enough to donate tens of thousands or more.
Or perhaps they already tried the VC route and were laughed out of every meeting.