Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Private Placements -- Ignore unavailable to you. Want to Upgrade?

To: LemonHead who wrote (52)	7/2/1999 2:59:00 PM
From: Bert Klimer	Read Replies (1) \| Respond to of 56

The thing you have to be wary of is that these "funding companies" usually get about 10-15% of whatever you invest as their cut. I have seen many companies who will tell a good story, about how the company is going to IPO in the next few months and how you will make a substantial return. They will usually UPS or Fedex the business plans overnight along with the PPM. However, it comes out too late that their promises are broken. I would suggest that the best thing to do is to ask them for references and other deals that they have worked on. Also on the PPM, it should state the amount which goes to the company and what percentage goes to these funding companies. I will try to ask around and see if anyone I know has heard of US Funding. Bert