Post
Topic
Board Mining (Altcoins)
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
by
oldcrow
on 31/07/2014, 02:56:30 UTC
  This just gets better and better.  I have never seen such a long-winded post have so little content.  So as surmised it is an unsanctioned (sanctioned in the US it would be SEC oversight through an underwriter) stock sale.  (If it is sanctioned, who are the underwriters?) Where is the full financial disclosure including ledger, day-to-day, accounts payable, accounts receivable, payroll and whatever the UK equivalent is to a form 9K filing is for at minimum the last 4 quarters?  This information is required for any proscpective buyer executing due diligence.  How many shares per unit cost?  How many shares do the 70% closely held and 30% to-be-widely-held represent?  What are the insolvency rules for the shares?  The limitations of shareholder liability? (That is a crucial one there).  I could go on for an hour, but in short this info has to be made public to any prospective buyer without qualification.  The whole point of disclosure is to be open and transparent such that anyone can evaluate the investment prospect, not just a select group.