Replies to post #5083 on New Colombia Resources Inc fka NEWC

[syndicate]

Nobody feels entitled to anything and it certainly doesn't matter what kind of site this is (retail/accredited)....you don't publicly release different information to different classes of investors and/or shareholders...period.

I applaud John's attempt to raise awareness (and perhaps the share price)but don't berate others for posting what John chose to release publicly...he knows better.

If any NYSE listed company did this, they would have some serious carpet time with the SEC.

FWIW, I came across the email as well and thought it was a smokin' update.

[Opti Mist]

You should have $1 million in assets to take out a private placement, but if you have guts you can do it anyway... how many people on this board have $10k to invest in restricted shares..

I am not sure what "but if you have guts you can do it anyway" is supposed to mean. The agreement that you sign in order to buy the restricted shares contains a condition that you are an accredited investor. I would not suggest that people can falsify that information "if you have the guts."

At any rate, whereas I had fully intended to "double down" and buy 400,000 shares at .025, I am now fine with not doing so, since the price is approaching that pps on the open market. Why buy restricted shares for a price that is close to open market.

This company needs a solid contract.

Opti