Trevor Lyman's newest
Posted March 2nd, 2008 by Chessienut
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The following was sent by me to Trevor in light of his latest proposal offering 500,000 shares of stock in a media enterprise he is promoting.
I am very exited about your plan and hope for your success in this endeavor. I have been a steady financial supporter of Dr. Paul's and as of right now you can count on as much financial assistance as I can afford. I realize the need for such an action as you are spearheading.
A few questions, You are looking to raise 5 million dollars in this offering by placing 41.67 per cent of the shares on the market. Who will hold the other 58.33 per cent and are they investing at the same rate you are asking us to? If not the shares you are offering will be seriously devalued by what ever discount they are offered, up to 58.33 percent right at the beginning of this venture. I realize the need for start up capitol in a venture such as this but you should realize that an investment that could be devalued by this amount seems like a very risky proposition. Add to this that the possibility exist for the majority shareholders to sell out the minority investors at any time. I look forward to your response as well as you finalizing the details so we can proceed past the planning stages of the exiting and much needed adventure
Folks, if this is legit I can find no more worthy cause than to use the so called rebate our leaders are foisting off on us. Think of the irony, using the Governments funding to begin to slay the beast.
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Libertry Works Radio Network
I know of an organization that has the infrastructure in place for an independent radio network. All they need is support of a membership at a cost of $99.00/year. Check out their proposal video at http://video.google.com/v...
"The Matrix is a system, Neo. That system is our enemy...You have to understand most of these people are not ready to be unplugged. And many of them are so inert so hopelessly dependent on the system that they will fight to protect it". - Morpheus
http://save-a-patriot.org...
I know there is alot to read . . .
but it seems so many didn't read everything about this endeavor.
HE IS NOT ASKING FOR MONEY YET !!!!!
These are all valid concerns and should be addressed before investing but please READ and be informed before jumping the gun. This is the second post I've seen today questioning the money end of the deal.
Have patience. If the Idea has legs, your concerns will be answered before you even consider reaching into your pockets.
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Trevor isn't the only one...
..... spearheading this venture. Rick Williams is involved too and he has lots of experience.
experience in what?
experience in what?
Chessienut, please fix your spelling
"exiting" (EX it ing) = leaving
The word you want is "exciting" (ex SITE ing).
Sorry to be a nanny. I only post this because you made the same mistake 2 out of 2 times. ;-(
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Get active NOW to put Ron in the general election. ronpaul.meetup.com
awww geeze
sorryaboutthemisspellingbutthekeyboardonmylaptopisabittempremental
Kinda miiseslettersnand makesyougo back and add spaces Sorry I andmy mechanicals aren'tup to yourlevel of perfection.
FROM AN INTERNATIONAL
FROM AN INTERNATIONAL BUSINESS OWNER I AM ASKING EVERYONE TO THINK THIS THROUGH BEFORE INVESTING YOUR MONEY!
Nothing against Trevor however i can not support this at this time nor will invest in it and here are just a few reasons why.
First what is the business plan and platform of this venture
1: He has no expertise in media.
2: The blimp program was a nightmare ie : No phone number to call, No staff to talk too, probelms with the donation site, etc....
3: We were all share holders in a way on the blimp project and he did not listen to many of us nor did he or his staff even respond to many of our requests for answers.
4: 5 million for what exactly? What does the shares of stock secure? Who will be on the board? What are the salaries of the employees and board members? Will the stocks pay dividends? Will this be a sub chapter S or a C corp or an LLC?
5: Who and how will be recruiting reporters for this media outlet?
Where will the head office be located?
How will the by-laws read?
What control do the share holders as far as votes?
What assurance do we have as investors that the company will not be sold without shareholder approval.
How will news reports be confirmed and by who?
The entire platform he is presenting answers no questions.
These are just what i came up with off the top of my head because i have not seen a business plan.
Dr. Steve Parent
Very True Dr. Steve.
Very True Dr. Steve.
Trevor is asking for a lot
Trevor is asking for a lot of money here to go in to his account not Dr. Pauls you people all need to think before you buy.
I also stated
I look forward to your response as well as you finalizing the details so we can proceed past the planning stages. At no time did I mean to infer that the stocks were currently for sale. Sorry for the confusion, hope this clears it up.
This sounds like an interesting project
Fortune Favors the Bold
Is it going to be a media networking site, or an independent media source? It seems like there are already alot of alternative news internet sites. Does anybody know what the finished product is going to look like?
Not Yet Offering
Trevor is not yet offering securities for sale. Here's the email I received:
"Tell us now if you’re interested; a detailed Offering Circular will follow later when the newly forming company is up and ready. In the meantime, here are the applicable Securities and Exchange Commission rules for where we are today:
1. No money or other consideration is being solicited by this document, and if sent in response, will not be accepted;
2. No sales of securities will be made or commitment to purchase accepted until delivery of an offering circular that includes complete information about the issuer and the offering;
3. An indication of interest by a prospective investor involves no obligation or commitment of any kind."
[emphasis added]
This is a solicitation of interest only; a common practice that precedes the actual offer of securities; highly regulated by S.E.C.