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beachboat983

07/02/20 1:15 AM

#284064 RE: postes #284062

postes- did you read my last point? I'll paste it here for you again:

"But yes, it can also be like being making poor investment / risk management choices. Will you be able to come out alive?"

marjac

07/02/20 1:49 AM

#284066 RE: postes #284062

That's not completely true. If management made misrepresentations and/or omissions of material facts regarding the strengths/weaknesses of the intellectual property, and investors relied to their detriment (reliance is presumed in terms of omissions), then the company/management is directly liable to shareholders on grounds of fraud and/or negligent misrepresentation.