Post
Topic
Board Securities
Re: [Counterparty: BOMB] Adeally | sociable entertainment shopping
by
twentyseventy
on 24/04/2014, 18:18:38 UTC
You're not really valuing this at $7.75 Million on $0.00 sales, are you?

The following can be found within our Prospectus:

DETERMINATION OF OFFERING PRICE
 
The offering price for the shares in this offering was arbitrarily determined by our management. In determining the initial public offering price of the shares we considered several factors including the following:
-   Our status of business development
-   Our new business structure and operations as well as lack of a significant client base
-   Prevailing market conditions, including the history and prospects for our industry
-   Our future prospects and the experience of our management
-   Our capital structure.

Therefore, the public offering price of the shares does not necessarily bear any relationship to established valuation criteria and may not be indicative of prices that may prevail at any time or from time to time in the private market for the equity shares. While trading of the shares of equity can take place with Counterparty you cannot be sure that a regulated public market for any of our securities will develop and continue or that the securities will ever trade at a price at or higher than the offering price in this offering.

Hahahahaha - yes, I know the valuation was arbitrarily determined by your management.

At least you're honest that you're completely pulling your valuation and share pricing out of your ass.