it's always wise to read the thread so *context* is *assured* ;-)
there is nothing posted about *canada* .. nor are hedge funds specified .. what is is *offshore*
==
btw .. the point still stands .. as is discussed so *eloquently by lucky/csykes* over the years on exph .. however it's important to note *who* got the PP in 2010 .. a few years after csykes first posted about *mazuma and tj* .. which is why every time that topic is .. er .. brought up by lucky on exph .. i *refute* it
mgmt's *awareness* in 2007 isn't what it was in 2010 and it's why PP done with accredited friendlies who have *certs* sitting in their office drawers is what is so *ironic* .. this isn't *toxic* .. this isn't *offshore* and it sure as hell isn't .. er .. a hedgie with all the *efforts* undertaken by those entities
this <2 runs/requisite short down to cellar> was *easily* deduced and NEVER UNIQUE to exph/expo by itself .. making for some rather revealing reading over the past 2+ years :)
== Lucky Loser Share Wednesday, October 20, 2010 12:23:16 PM Re: goldstandard post# 85325 Post # of 93436
Have you ever worked w/a PIPE? You get your money upfront. They get discounted shares (typically 30-40% off retail). They gettem at .0005 and sellem for .0007; so they've just made a 40% profit.
It happens everyday in this industry.
The guys from Mazuma, TJ, etc. will call you constantly w/the pleasure to "help you".
It's almost like they're saying, "JD, you'll make it right for your shareholders one day. Keeping the company afloat; that's what's in the best interest of the company and shareholders, right now. And, oh by the way, we won't dump your shares, so you won't haveta worry about the price going into the toilet."
But, there are those times when Mazuma will get while the gettin's good and end up dumping them, anyway. They're not the ones having to answer the phone calls; that falls onto JD.
Oh, you might get a little pissed at them; that is until they call you back in about two weeks to see if another $25,000 will do ya. You know, it's time for payroll, etc. Not really enough time to stay pissed when you have your family and friends to feed.
This kinda stuff goes on day in and out in this business. I've thought of getting myself into this kinda business, but my problem is having a f*n conscious that tends to interfere w/these types of opportunities. I've got the wherewithal, but I also like to sleep at night.
Hope this helps.
== my response .. to .. er ... lucky
fourkids_9pets Share Wednesday, October 20, 2010 12:35:58 PM Re: Lucky Loser post# 85328 Post # of 93436
wrong
access to folks who want to do PP isn't their issue there are quite a few folks who actually *invest* vs. *trade* or *flip* shares who have given their names and *intent* re: future PP shares that become available
they don't need the scum at mazuma or any others whose game is so rigged to loan offshore for 2 x face value all the while utilized as a short *vehicle*
like i said .. i fully expect randy got the 100M done in july and it won't surprise me to discover a new or *existing* local will have *done* this last PP and imo like others .. will be done at a premium not a *discount*
So many theories have been invented to try and explain the simple. The company is a scam. They sell stock and take the funds for personal use. They also buy and sell the shares on the open market after they have pumped it up.
It is a classic pump and dump. No reason to create entities like off shore hedge funds to blame it on.
Certainly shouldn't deny blaming them then either, lol.