CANNAINVESTOR Magazine U.S. Privately Held Companies May/June 2018 | Page 65

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TGOD was the first private placement that @savestacks, participated in with their private placement at $1.65. Details of his blog found here. One thing that we know that private investors can have a challenge in is the lack of liquidity. With that being said the mindset, he states: “I’m investing money that I do not need to have access to.” The interpretation that he lays down for this type of investment is as follows: “A private placement in layman’s terms is investing in a private company. You are basically buying stock in a company even though you can’t really sell it. You buy in with the expectation that the company will eventually go public at which time you could sell your shares.” This particular blog that we are referencing is all prior to TGOD actually going public. I had a chance to connect with @savestacks and here is his feedback.