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Entrepreneurs, Be Careful to Avoid Penny Stock Scams

The Startup Magazine

Mr. Walsh falsely claimed that Bre-X found a gold mine in Burma. By 1997, the company’s penny stocks were valued at $4.4 In the mid-1190s, the founder of Bre-X was David Walsh. This mining scam is one of the most famous mining scams. Speculation soon soared and many people invested in the company.

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A Glimpse: My American Dream

thebarefootvc

People ask me if innovation can flourish in places like Africa and my response is that I encounter innovation everywhere there, when people are forced to innovate to survive, often with scarce resources.