Research Frontiers Lonely Hearts Club Thread. Message Board

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Technology Stocks : Research Frontiers Lonely Hearts Club Thread.

REFR 1.720

+8.9%

May 26 4:00 PM EDT

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To: DashernComet who wrote (125)	10/30/2018 10:49:55 AM
From: DashernComet	Read Replies (1) of 168

I was just thinking about business plans and models of micro cap companies. Just suppose someone raised $5 million for a business plan and ran off with the money or just wasted the money on the high life and never built anything in the way of a business. Probably they would go to jail. Alternatively, suppose someone, over 30 years they raise $100 million and squander 95% of it on salaries and bonuses for themselves and friends and family and apply 5% to a product with limited function and market appeal—that they really don’t think will ever work. You would never go to jail. Of course, if you knew it would never work, it is some sort of un-provable crime. Un-provable unless you openly admit it. If you can keep quite and play out the role, you’re gold.

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