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#1
07-12-2019, 01:59 PM
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Someone call the SEC?
I have no idea, really, if this is an offering to sell a security regulated by the SEC, but it sure smells like one. No idea who Rally is, but this strikes me as being hugely susceptible of fraud, market manipulation, etc. So many question, so little confidence. How do you make any money? When the card sells? Who controls the timing and price and cash-out terms? Nuh uh. That Bridge is sounding better and better after all...
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#2
07-12-2019, 02:06 PM
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Oh, when I read the headline, I thought that someone (Topps? Upper Deck??) was going to cut up a Wagner and make 'memorabilia' cards out of it like with jerseys and bats.
Or maybe it would be like a time-share and every stockholder gets to keep the card for a specified period of time with red season corresponding to baseball season. 
__________________
Working Sets: Baseball- T206 SLers - Virginia League (-1) 1952 Topps - low numbers (-1) 1953 Topps (-91) 1954 Bowman (-3) 1964 Topps Giants auto'd (-2)
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#3
07-12-2019, 02:09 PM
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Quote:
So yeah, the majority owner gets to decide when to sell etc. If you own a 1/1000th stake, i assume you would get a 1/1000th or whatever diluted amount of the money after, of course, all of the questionable fees and costs are applied first. Wont make any money but in theory a lot of those questions are easily answered. Last edited by 1952boyntoncollector; 07-12-2019 at 02:10 PM.
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#4
07-12-2019, 02:35 PM
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This is a brilliant idea if executed properly.
Looking forward to buying my 1 share.
__________________
EBAY STORE: ROOKIE-PARADE
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#5
07-12-2019, 02:37 PM
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It would have been nice if they didn't cut off the grade, but that looks like a 2 at best. Maybe a 1 mil card, but 3 seems unlikely.
__________________
Successful transactions with peter spaeth, don's cards, vwtdi, wolf441, 111gecko, Clydewally, Jim, SPMIDD, MattyC, jmb, botn, E107collector, begsu1013, and a few others.
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