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how to convert this to real money: STEP 1) Be large shareholder on the board, advisory or executive team, but not necessarily a founder. STEP 2) Call broker a
by gammateam 8y ago
how to convert this to real money:
STEP 1) Be large shareholder on the board, advisory or executive team, but not necessarily a founder.
STEP 2) Call broker and tell them to turn off the borrow. This is the right way to squeeze the shorts, funding secured.
STEP 3) Do a private placement at the new high price. This results in dilution or is sold from the company treasury in exchange for US dollars. Its a secondary offering at the "market price".
"We’re going to figure out who did this and we’re going to take them down … provided someone pays us a fair market rate to do so.”
“Easy, chief,” I said. “Any rate the market offers is, by definition, fair.”
He laughed. “That’s why you’re the best I got, Lisowski."