From: http://seekingalpha.com/article/291733-renn-global-entrepreneurs-fund-much-risk-and-much-appeal?source=yahooWe learn this: "With 4,463,967 shares outstanding, RCG has unrealized losses of approximately $17,000,000. The value of these unrealized tax losses exceed the present market value of the stock."And this: "Another large holding is Bovie Medical Corporation (BVX). Approximately 11% of assets, it anticipates receiving clearance on a new super surgical product, J-Plasma."Come forth, oh RCG investors and tell us what is being said to you in RCG land!
Amazing. Renn would've been better off investing with Madoff instead of Makrides.