Saean Group Inc. (SEAN)

[surfkast]

But without Audited Financials we stockholders are stuck with our thumbs up our butts playing guessing games while they get rich! As for the 506 offering's, they only have the basic required information. Hmmm...... Gonna check to see if they were registered in California per the Blue Sky Law.

There are 2 basic types of Regulation D Offerings (which can also be combined): •An "equity" offering is where the company sells partial (or a majority) ownership in the company (via a security, stock or LLC membership units) to raise capital. Equity offerings are preferred by early stage companies because there is no structured repayment schedule or debt payments, the investors receive a return when the company profits and those profits are shared.


•A "debt" offering is where the company raises debt financing by selling a promissory note to investors with a set annual rate of return, and a maturity date for when funds will be paid back to investors. A debt offering is much like a business loan, but instead of a bank providing the financing, a group of investors lends funds to the company.


Note: lots of times the monies due are paid through discounted shares. Win/win for the company and 506 investor. Lose for common investor.