To: Trout-Mouth
That's a private placement, where investors pony up to infuse capital into a private business, 1% is a small player, he probably is on a list of investors who are solicited for this type of venture capital.
Unless he was on the Board or an executive, he probably had no say whatsoever in the operations of the corporation.
6,755 posted on
10/08/2004 8:48:12 PM PDT by
wrathof59
(semper ubi sub ubi)
To: wrathof59
That's a private placement, where investors pony up to infuse capital into a private business, 1% is a small player, he probably is on a list of investors who are solicited for this type of venture capital.
May as well claim that me and my 60 shares make me the owner of GE...
6,825 posted on
10/08/2004 8:55:54 PM PDT by
Antoninus
(Abortion; Euthanasia; Fetal Stem Cell Research; Human Cloning; Homo Marriage - NON-NEGOTIABLE ISSUES)
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