BCSCA is definitely risky business. Just think about an out lay...

BCSCA is definitely risky business. Just think about an out lay of $10000 could buy you 5 million units if purchased at 0.002 cents.

You are going to be liable to pay $5 million on the partly paid security.

If security holder don't pay the $1 instalment, just wondering if you did not purchase at the float and you bought on market is there a legal arguement that you did not enter into agreement to pay the instalment.

Just wondering is there any cases in the past that can act as a precedent to the current situation BCSCA?

Just my opinion you should always do your own research especially with BCSCA its very high risk due to the required instalment payments.

All the best to holders