How do I find an angel investor for our public companies private placement memo-?
January 26, 2012 · 1
Dear (Sir/Madam),
We are selling equity in a financial media company – For the following reasons we believe the return on investment will establish superior than market average:
The company posts real revenues, is profitable and unlike major media players, has a HIGH profit margin and carries virtually no debt. Earnings are increasing most quarters. Furthermore, the company operates in a niche which has remained unassailable by larger corporations—their business models can't return a high enough profit in our space.
We are selling shares @ .75 cents per share. We concur to register your stock and we believe our stock will open at more than one dollar.
We are introducing this opportunity to Accredited Investors only; the Number of shares is limited to 1MM for this PPM.
Although the subscription began today, we have already taken down 150K shares. An additional 250K shares are also spoken for, leaving only 600K shares available. Please advise
By definition this email would constitute a general solicitation that would disqualify the placement from falling into the requirements for a good private placement under 506 so if this is not a scam then this email was very unwise.