Dan Aloni (![[info]](http://l-stat.livejournal.com/img/userinfo.gif){kind=small} da_x) wrote,@ 2006-08-27 07:20:00 |
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Steorn: Investors denied
A short article about steorn appears today at The Observer
If the invention is bogus and the purpose of this whole stunt is to extract investors' money, then accepting investors with wide arms may indicate exactly this. Otherwise, if the invention is genuine they wouldn't want to further jeopardize their credibility. Therefore it would be a smart decision not to accept investors anyway
They say the invention was tested in the last 3 years by themselves. Does this mean they already have enough money from previous work and they really don't need investors' money? Perhaps.
A short article about steorn appears today at The Observer
If the invention is bogus and the purpose of this whole stunt is to extract investors' money, then accepting investors with wide arms may indicate exactly this. Otherwise, if the invention is genuine they wouldn't want to further jeopardize their credibility. Therefore it would be a smart decision not to accept investors anyway
They say the invention was tested in the last 3 years by themselves. Does this mean they already have enough money from previous work and they really don't need investors' money? Perhaps.
