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236T568

12/10/12 4:28 PM

#3663 RE: midnightexpress #3660

actually, no

the only companies that raise funds at a 75% discount from the market price are scam companies that can't get a better price after they have spent tons of time privately with the investors in the private placement and can't convince the investor to pay a higher price.

raising funds in that manner is not uncommon. In an effort to make the investment attractive, as it will be held for a time, the price is attractive. In 20 years I have seen funds raised in like manner on many occasion. It is the "norm" One must read the website and be objective. I have no reason to "fight" for the company. They have a legit product and the stock might one day reflect it. I hope so and if not then, oh well its a penny stock and start up...one must buckle up and buckle down and put money in the game or DON'T PLAY