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Cash injection

Interesting story about ASSOB. I have attended some of their workshops on how to raise capital run by their founder Adam Hudson. I assume it’s him who is funding their losses. Why would people invest at 10 cents when they can buy shares on market at 1 cent?? It does not make sense to me. […]
SmartCompany
SmartCompany

Interesting story about ASSOB. I have attended some of their workshops on how to raise capital run by their founder Adam Hudson. I assume it’s him who is funding their losses. Why would people invest at 10 cents when they can buy shares on market at 1 cent?? It does not make sense to me. Especially into a company that looks as though its on the bring of insolvency. Can anyone explain how this can be done? Ive got a great deal for those investors too!