Comments on: Why I’d avoid these unlisted bonds like the plague http://monevator.com/2009/06/29/why-id-avoid-these-unlisted-bonds-like-the-plague/ Make more money, invest profitably, retire early Fri, 12 Mar 2010 16:11:14 -0600 http://wordpress.org/?v=2.8.5 hourly 1 By: Will King http://monevator.com/2009/06/29/why-id-avoid-these-unlisted-bonds-like-the-plague/comment-page-1/#comment-6215 Will King Sat, 04 Jul 2009 16:54:58 +0000 http://monevator.com/?p=2191#comment-6215 i have read your article with interest, and if anyone reading about our 'shaving bond' wishes to read more about it, i have blogged it here: http://blogs.shave.com/king/2009/06/king_of_shaves_shaving_bond_re.html sincerely will king, founder/CEO - king of shaves co. i have read your article with interest, and if anyone reading about our ’shaving bond’ wishes to read more about it, i have blogged it here:
http://blogs.shave.com/king/2009/06/king_of_shaves_shaving_bond_re.html
sincerely
will king, founder/CEO – king of shaves co.

]]> By: The Investor http://monevator.com/2009/06/29/why-id-avoid-these-unlisted-bonds-like-the-plague/comment-page-1/#comment-6148 The Investor Wed, 01 Jul 2009 08:35:17 +0000 http://monevator.com/?p=2191#comment-6148 The Investors Chronicle writer Alastair Blair has added some interesting insights on the issue, including a bit on King of Shaves financials: http://www.investorschronicle.co.uk/Columnists/NoFreeLunch/article/20090630/909e47c0-654c-11de-83ec-0015171400aa/A-close-shave-with-the-King.jsp The Investors Chronicle writer Alastair Blair has added some interesting insights on the issue, including a bit on King of Shaves financials:

http://www.investorschronicle.co.uk/Columnists/NoFreeLunch/article/20090630/909e47c0-654c-11de-83ec-0015171400aa/A-close-shave-with-the-King.jsp

]]> By: The Investor http://monevator.com/2009/06/29/why-id-avoid-these-unlisted-bonds-like-the-plague/comment-page-1/#comment-6146 The Investor Wed, 01 Jul 2009 08:31:54 +0000 http://monevator.com/?p=2191#comment-6146 Thanks for the comments and the links. Interesting to see another company doing a similar thing in the U.S.. Definitely worthwhile publicity for these first movers. It'll all end in tears if the practice becomes widespread with other companies though - sooner or later one will fail and there'll be uncompensated losses. I wonder could companies be tapping this route because of the credit crunch? Thanks for the comments and the links. Interesting to see another company doing a similar thing in the U.S.. Definitely worthwhile publicity for these first movers. It’ll all end in tears if the practice becomes widespread with other companies though – sooner or later one will fail and there’ll be uncompensated losses.

I wonder could companies be tapping this route because of the credit crunch?

]]> By: tony http://monevator.com/2009/06/29/why-id-avoid-these-unlisted-bonds-like-the-plague/comment-page-1/#comment-6125 tony Tue, 30 Jun 2009 20:23:24 +0000 http://monevator.com/?p=2191#comment-6125 I received an email from King of Shaves about the bond before I saw an advert in the weekend press and your article. I only scanned the first few lines and decided it was either spam or a marketing ruse i.e. a joke! I certainly didn't consider they were seriously raising funds. Not for me. I received an email from King of Shaves about the bond before I saw an advert in the weekend press and your article. I only scanned the first few lines and decided it was either spam or a marketing ruse i.e. a joke! I certainly didn’t consider they were seriously raising funds.

Not for me.

]]> By: grover http://monevator.com/2009/06/29/why-id-avoid-these-unlisted-bonds-like-the-plague/comment-page-1/#comment-6109 grover Tue, 30 Jun 2009 10:48:21 +0000 http://monevator.com/?p=2191#comment-6109 The idea certainly makes one wary, but for the company involved, it's a pretty smart funding & marketing strategy. It'll be interesting to see if other companies follow this path in future. I just read an article in the NYT about another company doing the same thing, but they actually released a full audit & much more substantial plans for their new capital. http://www.milkthistlefarm.com/invest.php http://dinersjournal.blogs.nytimes.com/tag/milk-thistle-farm/ The idea certainly makes one wary, but for the company involved, it’s a pretty smart funding & marketing strategy. It’ll be interesting to see if other companies follow this path in future.

I just read an article in the NYT about another company doing the same thing, but they actually released a full audit & much more substantial plans for their new capital.

http://www.milkthistlefarm.com/invest.php
http://dinersjournal.blogs.nytimes.com/tag/milk-thistle-farm/

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