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I assume there are legal implications here, but I'm surprised that Quintillion hasn't tried to make the woman who "invested" $40,000 whole. $40K isn't a huge su

I assume there are legal implications here, but I'm surprised that Quintillion hasn't tried to make the woman who "invested" $40,000 whole. $40K isn't a huge sum to pay for the positive PR. If the issue is that returning that money could set a precedent for other investors to try to pull their money out, could they issue her $40K in shares? Even at the highest price she could have been subject to, it would at least expose her to upside.

ralph84 7y ago
Quintillion is owned by a NYC private equity firm. When has private equity ever cared about PR? But I'm surprised the woman hasn't sued Quintillion to get the equity. I don't see how the company could argue the CEO wasn't acting on behalf of the company when the CEO took the money and said it was for 225 shares. It's not like this was some dodgy third party stock broker, it was the CEO.