I was never a follower of Big myself, but he is ve
Post# of 96879
Posted On: 04/16/2015 3:15:49 AM
Re: Sitting Bull #11564
I was never a follower of Big myself, but he is very serious about his investment with them in order to put several hundred thousand into Private Placement stocks, usually one year till redeamable, as well as putting several hundred thousand into Common stocks of NTEK.
Most Private Placements usually comes with option of purchasing half the amount of same stock for same price or slightly over original price up to 5 years later for the agreed upon price. So take, (example only), if he bought 100K worth of it at .035 PPS, (2.8 mil shares), then 5 years later he would be granted option to pay 50K or .05 PPS, (1.4 mil shares), when at that time it may be trading at several dollars PPS. He is taking risk that it will be trading for over the .05 PPS. He like most long term investors here can quite easily see the low risk and high rewards that this stock is going to bring us all...$$$
Most Private Placements usually comes with option of purchasing half the amount of same stock for same price or slightly over original price up to 5 years later for the agreed upon price. So take, (example only), if he bought 100K worth of it at .035 PPS, (2.8 mil shares), then 5 years later he would be granted option to pay 50K or .05 PPS, (1.4 mil shares), when at that time it may be trading at several dollars PPS. He is taking risk that it will be trading for over the .05 PPS. He like most long term investors here can quite easily see the low risk and high rewards that this stock is going to bring us all...$$$
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