GSW 0.00% 29.0¢ getswift limited

The people that gave $100 million at $4 per share. That money is...

  1. 232 Posts.
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    The people that gave $100 million at $4 per share. That money is now worth $5 million a 95% loss. That’s a huge loss and dwarfs any retail investor on HC.

    It is hard to sue in capital raising becuase of all the disclaimers and limited liabilities.

    But investing in a startup that generates 500k per year is a totally different investment than a company that generates $128 million per year.

    And remember very shortly the key execs who pushed the $128 million per year narrative are going to be found guilty of misleading and deceptive conduct.

    If I gave millions at $4 per share under false pretences in a company run by shonks I’m assessing all my legal options( and I probably have the resources to peruse legal options). I sue fidelity, becuase they have the money and probably settle to avoid the embarrassment of explaining how they were duped. It’s up to fidelity if they sue GSW in return.


 
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Currently unlisted public company.

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