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Posted On: 03/16/2017 7:19:48 PM
Post# of 15624
Oh goodness, they try to spin everything don't they. Wonder how much they get paid to bash.
Well, let me give you an example of what a stinky pinky stock would have done with the psoriasis cream: A typical stinky pinky stock would have diluted by issuing another 100,000,000 shares to raise enough capital to buy the equipment they thought would be needed to manufacture the cream in house. Of course, typical stinky pinky would have no idea whatsoever what was actually needed to create a cream, so in the end a total of 300,000,000 new shares and/or toxic debt would have been pushed onto shareholders before a single tube of low quality cream was ever created.
Nope, not here. Instead, OWCP shopped the cream around backed up with data from earlier studies and found a company willing to put up $300K for the right to do all the manufacturing and distribution of the cream. Profits are 25% / 75% to OWCP I recall.
Well, let me give you an example of what a stinky pinky stock would have done with the psoriasis cream: A typical stinky pinky stock would have diluted by issuing another 100,000,000 shares to raise enough capital to buy the equipment they thought would be needed to manufacture the cream in house. Of course, typical stinky pinky would have no idea whatsoever what was actually needed to create a cream, so in the end a total of 300,000,000 new shares and/or toxic debt would have been pushed onto shareholders before a single tube of low quality cream was ever created.
Nope, not here. Instead, OWCP shopped the cream around backed up with data from earlier studies and found a company willing to put up $300K for the right to do all the manufacturing and distribution of the cream. Profits are 25% / 75% to OWCP I recall.
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