Not that it actually impacts me, however I used to be a earlier shareholder, I used to be simply in search of different shareholders. This firm was referred to as rich uncles, after which modified their title to Brix Reit. You’ll be able to seek for them on their web site simply google brix reit. However they have been touted on Fb the place I discovered them. I checked out what they supplied and it appeared reliable, they communicated on the finish of 2018, early in mid-2019. Then it modified, they stopped speaking, modified their title and now declare by e-mail that was despatched to me this morning value zero.32c per share from 5, 00. . They declare that their constructing has been evaluated in half, and so they have made dangerous investments. it appears like they wish to recapitalize and / or liquidate, however who as a shareholder would at the moment be doing this? Like to provide them a little bit extra money once they couldn't deal with it the primary time.
Can an organization with 6 buildings supposedly owned actually go from $ 5 per share to zero.32 within the 2 months following the sale of my shares close to the $ 5 mark.
I began investing with them in 2018, and I put in a little bit extra in 2019, I really feel like my funding has gone to fundraising.