a BUCK a share with a 2 year restriction seems reasonable considering the risk. If a person got 10,000 shares @ $1.00, that's $10,000 bucks that he is kicking down for some worthless paper.
"What If", something happens and the IPO doesn't go thru, all you have is worthless paper.
"What If", the IPO does indeed happen @ $10 - $15, but the stock tanks to a buck a share later on in the future before the 2 year period ? You didn't make any doe.
"What If", the IPO does happen and the stock soars from $10 - $15 bucks to $80 - $100 bucks after 2 years ? You will change your name to "Hank", Big Bank Hank that is, hee hee.
Too bad the average poor "folk" can't buy these shares. Does anyone know why the criteria to qualify for FNet shares @ $1.00 is the way it is ? (net worth >$250,000 or so, etc. etc.)
Take it easy,
Pirate
P.S. Go Raiders, arrrgggg..... hee hee.... (hence the term "pirate"). |