InvestorsHub Logo
Followers 32
Posts 1946
Boards Moderated 0
Alias Born 01/14/2012

Re: Ignatius J. Reilly post# 51651

Wednesday, 12/13/2017 11:32:43 AM

Wednesday, December 13, 2017 11:32:43 AM

Post# of 54195
"Small Company Offering and Sale of Securities Without Registration" is usually associated with rule 504, 505, 506b/c of Regulation D. In this situation it's likely 506 b/c. Companies that comply with the requirements of Rule 506(b) or (c) do not have to register their offering of securities with the SEC, but they must file what is known as a "Form D" electronically with the SEC after they first sell their securities.

They're the same registration exemptions that allow companies to issue convertible debt without really filing much. Or, as the rule provides, without registration of the sale of securities.

They may be issuing more convertible debt, but it could be any other kind of security as well - that's very broad.


@OTCMondragon