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03-03-2011, 04:07 PM
Did they invest the cash raised in the equity placement proceeds or was it just lying around ?
I guess it is best to avoid companies whereby a single person is both executive and the controlling shareholder. I never felt comfortable with such a structure especially in a foreign company.
I guess it is best to avoid companies whereby a single person is both executive and the controlling shareholder. I never felt comfortable with such a structure especially in a foreign company.
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.