|Flip won't go to jail, but he will be a pariah in the Chicago business community. Come to think of it, he was a pariah before he took DVIN public. <gg> |
This was an IPO that never should have happened. It was forced out in July 2000, long after the peak of the bubble. I have a friend who participated in a 1999 private placement, picking up 60,000 shares at $1. He put them into the accounts for his two young children He was thinking $1 million plus. The kids were going to be on easy street. That was before the pre-offering one for six reverse split and the recent one for twenty-five. The kids now have 400 shares at $.35. Welcome to the work force.