Example 4: Family and friends have invested heavi
Post# of 7795
Posted On: 09/09/2015 12:11:16 PM
Re: Coat Tail Rider #1579
Example 4:
Family and friends have invested heavily into the business. According to company filings, they are holding a lot of shares (tens of millions) in notes or agreements that have not even been converted. Kara has done work for the company and accepted stock as payment for services (again, according to company filings). This helps with the expenses of the company and she is smart and straight as an arrow. Also, this shows great support from those closest to Kyle. And if they are holding all these shares, what are they holding for? A good reason I would assume.
Yet this is also bad because it looks "fishy" to some and the family is "making lots of money running a P&D."
How do you make money by holding a stock? If you are not selling, you are not making money whether the price is up or down.
Family and friends have invested heavily into the business. According to company filings, they are holding a lot of shares (tens of millions) in notes or agreements that have not even been converted. Kara has done work for the company and accepted stock as payment for services (again, according to company filings). This helps with the expenses of the company and she is smart and straight as an arrow. Also, this shows great support from those closest to Kyle. And if they are holding all these shares, what are they holding for? A good reason I would assume.
Yet this is also bad because it looks "fishy" to some and the family is "making lots of money running a P&D."
How do you make money by holding a stock? If you are not selling, you are not making money whether the price is up or down.
(0)
(0)Seafarer Exploration (SFRX) Stock Research Links
Scroll down for more posts ▼