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specutator

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specutator

Re: Pres46 post# 61107

Tuesday, 03/31/2015 11:03:49 AM

Tuesday, March 31, 2015 11:03:49 AM

Post# of 70041
Sorry, but that is not what an S-1 is for.

Yes the S! has to be filed but that is only for the portion of the note and shares that are being transferred to Carey. Remember Joe cannot take more than 4.99% of the outstanding at any 1 time.

The S-1 is a stock registration statement which allows the company to sell registered shares.

It has nothing to do with an individual though a company was mentioned in a PR to be offering financing for FPFI.

The link I posted has all the official information regarding the registration process.

the agreement with Cary as far as how many shares they can hold/purchase is totally separate from a registration statement.

My posted comments are only my considered opinion based on the reality as I see it. Your reality may be different.

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