7 year old makes million(s) on death spiralling penny stocks
05-10-2015, 04:13 PM
I'm surprised the Rvf crowd would call this parasitism.
If this guy's deal was so lousy, it seems like a competitor would come in and offer a 30% discount on the stock instead of 40, or more capital in exchange for the right to less 40% discount shares. Since that did not happen, it seems this was the market rate for this sort of financing.
If this guy's deal was so lousy, it seems like a competitor would come in and offer a 30% discount on the stock instead of 40, or more capital in exchange for the right to less 40% discount shares. Since that did not happen, it seems this was the market rate for this sort of financing.