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Microcap & Penny Stocks : Microcap Kitchen Canadian Stocks

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To: forbrydelsen who wrote (33328)	2/4/2015 12:35:20 PM
From: madmax123	Read Replies (2) of 49402

perhaps you are like me and you see the value of being included in a private placement rather than buying on the open market at a higher price, almost always being associated with extra incentives such as warrants or half warrants. My long-term goal is to be able to include in my investment strategies the ability to participate in private placements. Since it's an even longer term goal to meet the criteria of an "accredited investor", the only way that I've seen that I could participate is through the process described by the below link. canadiansecuritieslaw.com There are a couple of things I don't completely understand because I've only just begun to look into this sort of thing. Something that I think is ridiculous is that you would be limited to participating in no more than 15,000 dollars a year, unless you get the approval of an investment advisor. Can you imagine asking some random investment advisor if you could be able to invest 30,000 dollars in the ACKROO private placement that just happened? I'm sure they would say, "never invest in penny stocks! They're too risky!" Maybe I'm wrong. Maybe it would be more or less a rubberstamp if you demonstrated that you weren't a total idiot. I feel like most people who are for example reading this board have discount brokerages because we want to manage our own investments. The other unfortunate thing about this I think is the lack of clarity around the term "existing shareholder". For how long do I need to be an existing shareholder? Could I buy stock on the open market the day a private placement is announced? That would be ideal. Has anyone Actually used the existing shareholder provisions to participate in a private placement? If so, would you mind sharing your experience here?

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