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Joined 10 months ago
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Cake day: November 26th, 2023

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  • Something something two wrongs etc …

    Just so I’m clear, outside investors gave you $1.5M to buy equity in the company, expecting that the company would use that to grow, and Jerry pocketed $900K? And now you have investors buying $15M of equity in the company, again assuming their money will go towards growing the company, and Jerry wants to pocket $9,000,000?


  • I am so confused by this entire structure. A diagram would be seriously helpful to understand who has contracts with whom and how money / commissions are flowing.

    Does the company know about the subcontracted relationship here? How many other people are in the company?

    Assuming this is in the US, assisting a capital raise for a commission requires the finder be FINRA registered and CA, DE, and many others require registration as a “broker” or “finder” in addition to extra blue sky reporting.