why to avoid mca IPOs
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  1. #1
    Senior Member Reputation points: 52185 ADiamond's Avatar
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    http://www.sec.gov/Archives/edgar/da...tm#rom772825_2

    there is there investment prospectus available to only ipo owners up to a couple days ago which i doubt anyone looked at

    balance sheet shows a net loss of 14MM-24MM for the past four years

    any solid equity investor wouldn't touch this garbage.
    Anthony Diamond
    Underwriter

  2. #2
    Quote Originally Posted by ADiamond View Post
    http://www.sec.gov/Archives/edgar/da...tm#rom772825_2

    there is there investment prospectus available to only ipo owners up to a couple days ago which i doubt anyone looked at

    balance sheet shows a net loss of 14MM-24MM for the past four years

    any solid equity investor wouldn't touch this garbage.
    good call...yes, i doubt anyone read the prospectus

    (good lord this board is scary)

  3. #3
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by ADiamond View Post
    http://www.sec.gov/Archives/edgar/da...tm#rom772825_2

    there is there investment prospectus available to only ipo owners up to a couple days ago which i doubt anyone looked at

    balance sheet shows a net loss of 14MM-24MM for the past four years

    any solid equity investor wouldn't touch this garbage.
    I saw the prospectus a month or two ago,....Sean and I have been discussing it offline. Not that I didn't know half of this already

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