I recently invested $5,000 ($500 a month for the next 10 months) into an invest group. With that $5,000, I am granted 275,000 pre-ipo shares. The company it is for is not yet public, obviously seeing that these are pre-ipos. The company total shares is 400,000,000,000. I don’t know if that is a normal amount, but to me that seems like a lot of shares. The owner owns 51%, the invest group is allowed 29%, and when they go public 20% will be available. This company is building a public/cargo transportation that is giving dividends based off of how many kilometers have been built. I am very new into investing, as in this is my first time investing besides being given shares. I know this is risky and could lead me to losing all my money, but I am ok losing what I have put in. My question here though is....what questions do I ask? I’ve asked everything I am curious about, but having little knowledge, I don’t know the right questions. Thanks in advance!
Edit: was also told they will not go public until they are worth $1 a share
Submitted September 30, 2018 at 05:51AM by ElonIsMyDad https://ift.tt/2QjGWvk
