View Single Post
Old 10-30-2005, 10:31 PM  
RayVega
Confirmed User
 
RayVega's Avatar
 
Industry Role:
Join Date: Jul 2004
Location: New York ICQ#348007554
Posts: 4,212
Quote:
Originally Posted by pornmonger
Mob bucks isn't public. what bullshit!!! No investment bankers would underwrite them or their parent company. Look what happened to Jill Kelly Productions! Playboy.com couldn't even go public.
If you must know children, i'll explain. We did a reverse merger (not that you know what that is) to go public. Raised seed capital using equity to build mobbucks and buy web1000.com, and using the killing we made on the deal, bought the mobbucks piece from the parent and extracted it from the public entity, stepped down from the board of directors and 10 mediagroup/web1000 is now in new hands while we have money, mobbucks and sanity...pimp pimp.

The parent is currently trading under the symbol ONTN.
__________________
Ray "The Don" Vega

Managing Director
Private Equity Fund

[email protected]
RayVega is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote