issuing shares before listing??????????
This query is : Resolved
03 May 2010
Dear sir/ ma'am
Am a keralite, now here there is one multi level marketing company which is incorporated as a public ltd co is issuing shares to public at Rs 4/ share. They are having a plan to start retail outlets over kerala and saying they will be listed in 2012. They have shown the the regn certificates in their website and issued share certificates to customers'. They are telling that the face value is Rs 2/share and premium Rs2/. Is there anythng like that aco can issue shares to public as bulk before got listed in stock excnge. My friends are forcing me to do the marketing for this. Please i need an expert advice.
Thank You.
Shiyas
Am a keralite, now here there is one multi level marketing company which is incorporated as a public ltd co is issuing shares to public at Rs 4/ share. They are having a plan to start retail outlets over kerala and saying they will be listed in 2012. They have shown the the regn certificates in their website and issued share certificates to customers'. They are telling that the face value is Rs 2/share and premium Rs2/. Is there anythng like that aco can issue shares to public as bulk before got listed in stock excnge. My friends are forcing me to do the marketing for this. Please i need an expert advice.
Thank You.
Shiyas
07 May 2010
can you give more detail about the company so we can inquire about it. I hope its not a fake marketing...
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