It's not about that c7bk...private co.'s go public through r/m's to obtain funding requirements...& if they're not getting what they signed up for then they'll become bitter...not saying that's the case here but I'm pointing out what Paul's referring to because to hear him tell it...he's stating repeatedly that Aquagold has never received any funds from selling shares whether as ONMC or AQUI...he's telling anyone who wants to listen that no retailer has ever "invested" one cent into Aquagold because they've never sold shares where the funds went directly into the company coffers.
Naaaw. It means pass that hot potato off. Poor AQUI guys getting taken at every turn, first by Cortallazzi then by the evil Manuel.... Ohhh poor AQUI execept it seems the shareholders seem to be the ones paying for it all with massive losses. Where did all that money go? I guess danny boy and Paul are just innocent sheep. ROFL Taillefer has had companies for many, many years they know exactly what they are doing. All his pals at GlobalCRG surely could help him if not they have all the offshore banking/brokering and securities fraud experience you could ask for.
So either they are complicit in the past messes or they are naive and probably utterly incompetent in due diligence and business practices. Really I see no other avenue? Anybody got another explanation?
When these companies RM into a shell you are buying the stock that was owned by the previous bagholders or from speculators that got them from bagholders. They don't get any money unless they issue new shares and then sell them. I haven't been keeping up but if they haven't added to the float with dilution then they don't owe us anything. That sucks for me cause I lost @500 bucks here. They owe it to themselves to build a sucessful company and maybe we'll see some of our money back. Another company I owned said the same thing . They got so pissed at the shareholders for badgering them and prying into the deal they were working they went silent for 6 months. Ugly situation.