To: Earlie who wrote (67921 ) 11/7/2009 1:01:50 PM From: E. Charters 1 Recommendation Read Replies (1) | Respond to of 78404 You said it, bubie. No disrespect meant by the bubie bit. The market out there for money is some tough. Everybody is "interested" but nobody is putting a sou ar risk. They act like 1100 dollar gold is an everyday kind of thing. Sure it is. It comes around ever first tuesday in November, every 1000 years. It is dead simple to fund a deal on the street. Go to any 200 institutions you want, (and get turned down) and go to any 1000 of your personal friends and acquaintances. Whilst is is far, far, better to have your people in any deal, if you go to a broker/crook they sign with alacrity because a.) they aren't getting the people to invest, you are. and b. they can charge all kinds of legal, and other fees for doing nothing but criticize. (I am sure there are caveats C thru Z as well.) Fair? Well if you look at it, do you need all their people selling stock in an undisciplined manner into your weak as a kitten market? Morale: Either have 20 good rich friends to buy all the other guys primary paper to give you time to build another trap line or don't do it. Rule No 1: Retail investors, i.e. the news reading general public, especially internet acquired people are NOT stock support. They sell stock. They don't buy it. If you want to get public, you want to use a stalking horse. If you do that, unless you have about 150 believers in your act, you will never do it. Rule 2. Only make really good and deep pocket friends directors, and only with a written agreement, i.e. a voting agreement. I don't care if it's legal or not. eff em if they think it's their company. Does it sound difficult? I don't think God could do it if he cheated. Every broker I talk to, (especially the US ones) today wants you to be a millionaire to start a company. Even millionaires I know use risk capital to do things. (Friedland fr'instance) They don't totally fund their own companies. There is a limitation on that by the exchange anyway. EC:<-}