It wouldnt be a dog if they priced it right and gave a more realistic business plan and strategy. AT $60 million and have BF stores dotted around the world is selling a dream, not reality.
This stock shines so bright that it \"Bling Blings\"
I dont think dream gives them the right credit i think pipe dream might be more realistic reality especially given what they thought the company was worth
Time is a great teacher, but unfortunately it kills all its pupils
Will they be taking a loan from the company they owned to the company they partially own, then bought shares in the company they owned by borrowing funds from the company they now partly own.
If they only got 1600 investors that would hardly cover the advertising campaign.
So they've still got to cough up $6.4M themselves, and they've got 1600 shareholders who (I would imagine) don't know much about holding shares, that need to be managed.
If I had $6.4M I can think of better investments than a burger chain start-up.
Actually, it's pretty hard to come up with worse ones. But maybe that's what they said about Maccas.
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