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Simon and Co-Advice on section 12J grotech investment

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guru
Contributor
HI Guys. I see that grovest is aggressively advertising for investors for their grotech investment. Any views on this? fees look a bit high. Any advice would be appreciated. Anyone here invested?
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SimonPB
Valued Contributor
fees very high which is no worry if they get a massive winner .. if they don't .. then ouch .. so Q is, will they get massive winner ??typically not .. not dissing grotech but VC is mostly a miss game
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JRVN
Occasional Contributor
How can Grovest INVITE members of the PUBLIC to invest in the company via a private placement memorandum. According to the Companies Act they need to register a prospectus if they want to market to members of the public. In contravention of the Companies Act I believe...
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