Glad to hear Kyle is raking in the money for the c
Post# of 7802
(Total Views: 184)
Posted On: 12/17/2019 4:56:41 PM
Glad to hear Kyle is raking in the money for the company. He does that by selling shares directly at a discounted price which are then restricted for 6 months (private placement). High share count in short time means larger investors coming in.
A good sign for shareholders.
I see a lot of complaining from the complainer about shares going out but no comments about the dollar amount coming in from the sell of those shares.
That high of a share count sold (if correct) must mean around $1MM came in depending on price and structure. That's a lot of money for a little penny stock company.
What happens if Kyle gets enough money for the time being and stops taking private placements but people still want to invest?
Won't they go to the open market to buy? And won't that in turn push the price up?
Also, a higher dollar amount coming in means more serious and larger (richer) investors.
Like I said, a good sign for shareholders.
A good sign for shareholders.
I see a lot of complaining from the complainer about shares going out but no comments about the dollar amount coming in from the sell of those shares.
That high of a share count sold (if correct) must mean around $1MM came in depending on price and structure. That's a lot of money for a little penny stock company.
What happens if Kyle gets enough money for the time being and stops taking private placements but people still want to invest?
Won't they go to the open market to buy? And won't that in turn push the price up?
Also, a higher dollar amount coming in means more serious and larger (richer) investors.
Like I said, a good sign for shareholders.
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