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Pastimes : Reg. S. Alert! -- Ignore unavailable to you. Want to Upgrade?

To: Puck who wrote (21)8/7/1999 9:42:00 PM
From: Zeev Hed  Read Replies (3) | Respond to of 60
 
Puck, best wishes to you too, in this thread. It is my feeling that the wall street "wunderkids" are preparing new financing methods to achieve the same goals the old Reg S Pump and Dump used to achieve, fleece unaware investors. So it is important to be vigilant and read those documents and understand where the pitfalls are.

When a lender forces the borrower to sign on a document that clearly forbid the borrower to use any legal means to redress what the borrower might believe at a later date to be "unfair practices", (see the Jewel, Larry just presented on the Floorless thread today, relative to Westel new floorless debenture), you know that as an investor, you got to bail out, without a single hesitation, since if you do not, the bandits will eventually end up with your dollars.

Zeev



To: Puck who wrote (21)8/8/1999 12:30:00 AM
From: Larry Brubaker  Respond to of 60
 
<<I've only been a member since April and am therefore somewhat of an SI ingenue. I had no idea that anyone else had started a similarly themed thread.>>

Puck, I'd guess 90% of SI posters and 99% of small investors are blissfully unaware of the dangers of junk equity (unless they have been bitten by it, and they might still be unaware of what bit them).

You had a very good idea in starting this thread.


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