A bad investment or good?
Recently, I have been asked if I would like to invest in a project that is an untraded security. I have never purchased shares before in anything. I know the person that asked me, but I don't know anything about buying shares. This company has invented a electromagnetic motor that produces 1.2 megawatts of power and has been looked at by Draper laboratories now 3-times, and by Dr. Haskew at the University of Alabama. Draper Laboratories says it has a couple of interested parties with one of then being GE. They said they feel it will sell for some where between 2.5 and 7 billion dollars. The inventor is waiting for Dr. Haskews final remarks. This may sound stupid but how do I make money on my shares if I buy in, when it is a untraded security?
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