Investing in pre-revenue start up companies is alw
Post# of 22940
(Total Views: 858)
Posted On: 03/18/2019 11:34:22 AM
Re: newyork11102 #21850
Investing in pre-revenue start up companies is always very risky, most of them fail. The reason to do it is everyone once in a while one succeeds and the reward can be staggering.
It seems as though you may have fallen into a common problem, in that you invested money you could not afford to lose, and for that you have my sympathy. That is a hard lesson learned (most of us have learned it over the course of investing).
But the truth is, at this level and this point in the TPAC history, giving effort is about all we can ask for. A few positives I focus on, which make me believe there is still hope are:
1. Bill is still communicating enough for us to know he is healthy and working to make something of TPAC
2. Bill is not communicating any specific or doing anything even remotely resembling pumping for the company.
3. He has made it clear he won't announce anything until a deal is actually done, and revenue booked.
That 3rd is very important IMO, but also very frustrating for us. Based on the last 5 years with TPAC he is wise to keep everything confidential until a material event forces him to file, as past deals and partnerships have been directly sabotaged by people trying to destroy TPAC.
My best guess is that back when TPAC was illegally shorted on foreign markets, a group shorted a bunch of stock and never covered it. They probably want the company to go out of business so they never have to. It's the only explanation that explains to me why a company with no activity for the past 2 years, still gets so much paid basher attention in Ihub (and even here a bit).
All this is IMO, but I haven't written off TPAC yet, I do believe Bill is an honest and honorable man, I believe he is still trying hard to make something of this company, and I believe he has learned many hard lessons over the past 5 or so years that increase his chances of pulling this out.
It seems as though you may have fallen into a common problem, in that you invested money you could not afford to lose, and for that you have my sympathy. That is a hard lesson learned (most of us have learned it over the course of investing).
But the truth is, at this level and this point in the TPAC history, giving effort is about all we can ask for. A few positives I focus on, which make me believe there is still hope are:
1. Bill is still communicating enough for us to know he is healthy and working to make something of TPAC
2. Bill is not communicating any specific or doing anything even remotely resembling pumping for the company.
3. He has made it clear he won't announce anything until a deal is actually done, and revenue booked.
That 3rd is very important IMO, but also very frustrating for us. Based on the last 5 years with TPAC he is wise to keep everything confidential until a material event forces him to file, as past deals and partnerships have been directly sabotaged by people trying to destroy TPAC.
My best guess is that back when TPAC was illegally shorted on foreign markets, a group shorted a bunch of stock and never covered it. They probably want the company to go out of business so they never have to. It's the only explanation that explains to me why a company with no activity for the past 2 years, still gets so much paid basher attention in Ihub (and even here a bit).
All this is IMO, but I haven't written off TPAC yet, I do believe Bill is an honest and honorable man, I believe he is still trying hard to make something of this company, and I believe he has learned many hard lessons over the past 5 or so years that increase his chances of pulling this out.
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