View Single Post
Old 11-24-2009, 05:08 AM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
Quote:
Originally Posted by CyberClaire View Post
Thanks..thats what I thought ....

On a side note: Is it legal to just offer a million dollars worth of shares to the public like that ? or is this different .
I thought strict regulations exsisted for public offerings and shares ? ....Not looking to see the guy get in trouble...just the opposite ...would hate to see the next video of him in leg irons and a orange jumpsuit on his way to break rocks for 5 yrs .
I think it would be a grey area since it's not a private investment (eg privately pitching to a couple of VC's who then put in their own cash). The site doesn't seem to have any public disclosure statements, contracts etc either.

I don't want camgirls to fail or get in trouble either, but given his track record so far it's hard to be positive......
rowan is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote