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Re: JPS02 post# 72815

Sunday, 11/19/2017 9:00:15 PM

Sunday, November 19, 2017 9:00:15 PM

Post# of 100399

"The PPM has been completed and funding is expected soon"

That refers to the legal document Alper hired Trowbridge & Sildoti draft. Now all he has to do is find someone to invest in it

A private placement memorandum (PPM) is a legal document provided to prospective investors when selling stock or another security in a business. It is sometimes referred to as an offering memorandum or offering document. A PPM is used in “private” transactions when the securities are not registered under applicable federal or state law, but rather sold using one of the exemptions from registration. The PPM describes the company selling the securities, the terms of the offering, and the risks of the investment, amongst other things. The disclosures included in the PPM vary depending on which exemption from registration is being used, the target investors, and the complexity of the terms of the offering.
https://www.nolo.com/legal-encyclopedia/what-is-private-placement-memorandum.html


My "opinion" is as valid as your "hearsay"