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Re: janice shell post# 30082

Wednesday, 04/23/2014 1:27:25 AM

Wednesday, April 23, 2014 1:27:25 AM

Post# of 39962
If I understand... when they filed the 1-A on the 17th, the offer can be sold on the 20th day unless there is a delaying notation... which that isn't much time to get a delayment...lol


They can send a 'pre-offer' prior to the 20th, but I don't see a rule where they can start selling prior to the 20th of the month.

Surely they couldn't have been this stupid, but it is suspicious.


Looks like the SEC could suspend the offering if it turns out he started selling prior to April 20th, or if he screwed up the sales... but that is why he has the two 2 A sales sitting there.