InvestorsHub Logo
Followers 190
Posts 88916
Boards Moderated 4
Alias Born 07/18/2006

Re: mstoneinv post# 163162

Wednesday, 06/29/2016 1:10:13 PM

Wednesday, June 29, 2016 1:10:13 PM

Post# of 173188
lame insults excluded, here is a definition of a min-max offering:

WHAT IS A MINIMUM – MAXIMUM OFFERING? (CALLED A MINI-MAXI OFFERING)
Companies may offer to sell investors a minimum amount of securities and a maximum amount of securities in an offering. That way a company may break escrow when the minimum amount of the offering is raised. On an all-or-nothing offering, the company must raise the entire amount of the offering before it can break escrow.

Example: XYZ Company is offering a Minimum Offering of 100,000 shares of common stock for $1,000,000 and a Maximum Offering of 1,000,000 shares of common stock for $10,000,000.



here is the company offering:

Our private offering consists of up to $2,000,000 in value of Units. We are offering units consisting of 750,000 shares of common stock and warrants to purchase 375,000 shares of common stock at a purchase price of three thousand dollars ($3,000) per unit.



please point out the staggering differences between the two...

ps...you can leave out any references to any registered offerings by NAK or anyone else that consist of the sale of registered shares UP TO a limit are NOT all-or-nothing offerings ...

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LBSR News