InvestorsHub Logo
icon url

je8674

11/08/07 8:59 AM

#962 RE: gryfus #961

Thanks for the reply,


So what I am trying to understand is what is in it for an investor.

By going through a private placement an investor can realistically get a much better share price for say $50,000 than what they might be able to do on the open market.

Which leads to the obvious question of how much we might be worth, when we finally get some confirmation of this reverse merger.

How common are these private placements? The research I've done only states that they are reserved for "sophisticated" investors. Which I could read into meaning those who have soem $$$. Probably not typical of a stock that is going to be trading for pennies?

Hopefully this is a sign that we may be headed to triple digits and heading out of penny land sometime in the near future? Who knows?