This was in my Inbox tonight … twice.
“Further to our recent telephone conversation regarding the above, I write to firstly thank you for taking the time to speak with me and expressing your interest in the media-tech company Global Satellite Broadcasting Corporation, who are about to be taken public onto the US before the end of this month, by the global investment banking firm Paragon International Placements Ltd and as their authorised marketing agents, Apriva Marketing Co Ltd is delighted to be working alongside Paragon International Placements and are honoured to have been given the task of creating global market awareness regarding both Paragon and the imminent listing of GSBC.
As I explained in our telephone call, Paragon is currently working with a media technology company called Global Satellite Broadcasting Corporation that will be listing on a major US Stock Market by mid-March. Paragon is now at the final stages of its first round of financing for GSBC, making this a one-off pre-listing opportunity available only through Paragon International Placements Ltd.”
For the uninitiated, this is the company few have even heard of, but is doing everything it can to ratchet up valuations – including some rather aggressive, one might even say wild-assed, revenue projections.
It’s not a bunch of fun to see years of work to legitimize this space, done by a bunch of good people, corroded by evidently shameless stock promoters.
Dave Haynes is the founder and editor of Sixteen:Nine, an online publication that has followed the digital signage industry for more than 13 years. Dave does strategic advisory consulting work for many end-users and vendors, and also writes for many of them. He’s based near Halifax, Nova Scotia.