RE: Araguaia Funding Deal9 Jan 2021 17:32
And following on from that, I have only ever twice had conversations with CEOs about being involved in a private fund raise for their company. Fortunately, I didn't put further money in on either occasion. One promptly went bust (SNRP) and the other continues to limp along under new management (but without any investment from me). I believe that any CEO desperate enough to raise funds directly from a non "High Net Worth Individual" like me, is scraping the barrel and that it is best to run for the hills! There are lots of opportunties to do well out there. And there are even more opportunities to lose your shirt!