Ghent Posted March 29, 2018 Report Share Posted March 29, 2018 Would you buy Tesla stock just for the betterment of mankind? No. you expect the chance of an ROI. otherwise you would just send them a check in the mail and not bother with buying stock. Quote Link to comment Share on other sites More sharing options...
JarJarBlinks Posted March 29, 2018 Report Share Posted March 29, 2018 lol this is such a ridiculous troll argument. Quote Link to comment Share on other sites More sharing options...
_Kyle_ Posted March 29, 2018 Report Share Posted March 29, 2018 I mean I know why I would, but why do they think this is something other than it's not. It's pretty upfront. They sold it as such. Quote Link to comment Share on other sites More sharing options...
_Kyle_ Posted March 29, 2018 Report Share Posted March 29, 2018 Is there anybody claiming they're getting something back beyond maybe a functioning company? Quote Link to comment Share on other sites More sharing options...
Ghent Posted March 29, 2018 Report Share Posted March 29, 2018 I think someone needs a crash course in investing. Calling our resident hot shot day trader, @Olidamus! Quote Link to comment Share on other sites More sharing options...
High Value Man Posted March 29, 2018 Report Share Posted March 29, 2018 It only takes Tom 30 seconds to destroy your argument Kyle. Sorry bud. 1 1 Quote Link to comment Share on other sites More sharing options...
High Value Man Posted March 29, 2018 Report Share Posted March 29, 2018 Also, seriously, why is he always sniffling? LOL Quote Link to comment Share on other sites More sharing options...
Speedo Posted March 29, 2018 Report Share Posted March 29, 2018 Allergies. Some people are affected. Quote Link to comment Share on other sites More sharing options...
Ghent Posted March 29, 2018 Report Share Posted March 29, 2018 haha wow, nice find Oliver. 1 Quote Link to comment Share on other sites More sharing options...
Knapppers Posted March 30, 2018 Report Share Posted March 30, 2018 Damn. After watching that video it seems like hes up to some sketchy shit Quote Link to comment Share on other sites More sharing options...
_Kyle_ Posted March 30, 2018 Report Share Posted March 30, 2018 7 hours ago, Olidamus said: It only takes Tom 30 seconds to destroy your argument Kyle. Sorry bud. where does he say you're going to get anything back? Quote Link to comment Share on other sites More sharing options...
Zoltan Posted March 30, 2018 Report Share Posted March 30, 2018 the above video is a good evidence for future lawsuits. i have said before that there's no chance of suing tom for the instant devaluation of the shares, because it is in the contract, so no one was scammed. but: it is still scamming if he publicly talks about these shares as a good investment (contradicting with what the contract says). so the problem is not in the paperwork, it's in the false advertising. 1 Quote Link to comment Share on other sites More sharing options...
_Kyle_ Posted March 30, 2018 Report Share Posted March 30, 2018 But from what I can tell, from comments to that video, to reddit, here, etc is that nobody thinks of it as some sort of actual investment like an actual stock. He's only using it as an example. Seems like people are just willingly giving him money and are fine with that, think it's a cool idea. Quote Link to comment Share on other sites More sharing options...
Champ182 Posted March 30, 2018 Report Share Posted March 30, 2018 I think you're right Kyle about people's expectations, and I don't know shit about investing or anything like that but it seems like there is a legal difference between investing in a company the way that he keeps telling people "hey buy shares, come be a part-owner of TTS" vs. accepting donations that go toward his projects. Is that not correct? Cause all it takes is one disgruntled "shareholder" to file a lawsuit and make the law take a look at how it's all set up. Like I said before, I don't think he's intentionally scamming people and I HIGHLY doubt he's doing anything illegal or will get busted. If anything I think he might have unintentionally gotten himself into a potentially weird situation by doing this "selling shares" thing to make his company seem more legitimate. He probably should have just done a Patreon or Gofundme all along but he probably thought that was too small-time haha. 1 Quote Link to comment Share on other sites More sharing options...
_Kyle_ Posted March 30, 2018 Report Share Posted March 30, 2018 It's been argued that he is doing the "shares" thing so if it gets blacklisted or whatever by the government, people are behind it and it would be harder to do so. No clue if that's it, or it's just marketing. Quote Link to comment Share on other sites More sharing options...
Ghent Posted March 30, 2018 Report Share Posted March 30, 2018 He's doing the shares thing so he can get out of debt with zero overhead or material costs. It's like Tom's very own gofundme to get him out of debt, but he gets to retain his ego and pride under the guise of an "investment." 2 Quote Link to comment Share on other sites More sharing options...
zzzz Posted March 30, 2018 Report Share Posted March 30, 2018 He said 5-10 years and a billion dollars to build this spaceship...lmao, gonna need to do a few more Poet Anderson book signings!!! This dude is FRIED. 2 1 Quote Link to comment Share on other sites More sharing options...
High Value Man Posted March 30, 2018 Report Share Posted March 30, 2018 8 hours ago, _Kyle_ said: where does he say you're going to get anything back? Were you watching the same video I was watching? He mentioned, shares, stock exchanged, investment, IPO, and said "hopefully you do really well". He literally compared it to buying shares on the stock exchange (which it is not like at all). No, he didn't guarantee it, but he is lying thru his fucking teeth. He is selling shares for $5 that are worth at best 1/10th of a penny. Quote Link to comment Share on other sites More sharing options...
High Value Man Posted March 30, 2018 Report Share Posted March 30, 2018 9 minutes ago, Ghent said: He's doing the shares thing so he can get out of debt with zero overhead or material costs. It's like Tom's very own gofundme to get him out of debt, but he gets to retain his ego and pride under the guise of an "investment." That's exactly what it is. Nothing more than a donation. Which would be okay, if he called it a "I am in debt and I need money". If people want to do that. Fine. The problem I have is, he is a liar, and he is scamming, and just covering himself with fine print. 1 Quote Link to comment Share on other sites More sharing options...
_Kyle_ Posted March 30, 2018 Report Share Posted March 30, 2018 8 minutes ago, Olidamus said: Were you watching the same video I was watching? He mentioned, shares, stock exchanged, investment, IPO, and said "hopefully you do really well". He literally compared it to buying shares on the stock exchange (which it is not like at all). No, he didn't guarantee it, but he is lying thru his fucking teeth. He is selling shares for $5 that are worth at best 1/10th of a penny. He says "like you would". I mean, are you not getting he's making a comparison? I hope he does "really well" too. That doesn't mean monetary gains. Or at least he's not specifically saying that here. AGAIN, who here is FOOLED? Over and over with this Tom is tricking people. He might be, but he isn't promising them anything outside of what he stating. As far as I can tell at least. People need to do their homework or at least pay attention to what is being presented here. Quote Link to comment Share on other sites More sharing options...
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