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Tuesday, December 06, 2016 6:52:05 PM
https://fintel.io/if/gpl-ventures
https://www.linkedin.com/in/alexander-dillon-b8b72335
PPJE has already given GPL a promissory note for $50K, "as payment of a commitment fee to induce GPL to enter into the Agreements". GPL will buy up to $5 million worth of PPJE stock, but that won't begin until PPJE files a Reg A offering, and its Form 1-A becomes effective. The Form 1-A must be filed with the SEC, and must be deemed effective by the SEC.
Upon effectiveness, any stock sold in connection with the Reg A offering will be immediately free trading.
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