+ Reply to Thread
Results 1 to 1 of 1

  1. #1
    Join Date
    Mar 2018
    Posts
    18

    Groupon.com IPO was a scam

    I have been doing alot of reading about Groupon since I have used them alot. But to investors it as a scam.

    "I think 'highly disappointed' is the correct phrase," said David Menlow, president of IPOfinancial. "With such a limited number of shares offered in what could have been unlimited demand, I thought thought the markets should have responded better. Now that it didn't happen, it's causing people to take a second look at the company's fundamentals."

    Those fundamentals aren't pretty: Since the moment Groupon filed its paperwork, it's been hit with criticism for unorthodox accounting measures, which led to several downward revisions of its financials.
    Groupon's initial filing in June drew heavy scrutiny for the company's reliance on a nonstandard metric called "adjusted consolidated segment operating income." The unwieldy "ACSOI" stripped out Groupon's steep costs for marketing and acquiring new subscribers.

    Name:  groupon.jpg
Views: 80
Size:  72.3 KB

    Sounds like crafty shady spending that technically steals from investors.
    Last edited by IPO SCAMS; 04-18-2018 at 02:01 PM.

Similar Threads

  1. Mathew Charnay Scam - iNDEXOR Scam - iGROW Global Commerce Summit Scam
    By mathewcharnayscam in forum Business Scams
    Replies: 1
    Last Post: 06-10-2018, 03:18 PM
  2. Replies: 0
    Last Post: 11-18-2016, 01:45 PM
  3. Replies: 0
    Last Post: 11-18-2016, 01:33 PM
  4. SCAM BEWARE transatlanticpetescrow.site SCAM SCAM SCAM
    By jaylogan737 in forum Email Scams
    Replies: 0
    Last Post: 09-30-2016, 08:29 PM

Tags for this Thread

Bookmarks

Bookmarks

Posting Permissions

  • You may post new threads
  • You may post replies
  • You may not post attachments
  • You may edit your posts
  •