Codywillard

Pre-IPO Scams, Is BABA a buy, Too late on AMBA?, Sony, gold and more

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Sinopsis

Q. There is a company called Search Initiatives that is looking for investors. It is supposedly going public sometime in the next year or so. Have you heard of it and if so, do you have any opinion on it? Thanks. "We have a firm commitment underwriting from Maxim Securities to raise at least $50 million. The IPO will not only provide our investors with liquidity but will provide Search Initiatives with the funds necessary to maintain our leadership in the U.S..." A. I've never heard of Search Initiatives, but a quick Google Search of "Search Initiatives IPO" reveals more than enough to make me run in the other direction. https://www.google.com/search?q=search+initiatives+ipo http://www.ripoffreport.com/r/Search-Initiatives-Elocal-Listing/nationwide/Search-Initiatives-Elocal-Listing-Investment-Scam-Temecula-California-338359 Scam Pre-IPO's – Company shares are offered directly to unsuspecting investors based on the premise that the company will be going public in the very near future. This exploitation plays