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Getting closer to getting the Reg 1-A
doubt it... the PRs are B.S., but not misleading given the wording. All he is guilty of is preying off investors... so far.
Still want to see the next Reg A and how many billions more are about to fall.
I've filed as well.
Somebody grab the pot and the kettle for Mr. Brilliant here...lol
I will give it to you though, given such witty responses you could probably be the star in a 'witty' reality series. If there was such a thing... ha ha.
Let's not forget your: GO $STBV!
Suspect if nothing is wrong, they give us another 'witty' PR on Monday or Tuesday. They went 20 days in March, but they should be ramping up a plan to unload the next offering.
It is interesting they changed the name from Bearpot Inc to BearPotInc Inc in Colorado. I guess this aligns with the web site registration.
I wish we knew whether he has raised the A/S again in Deleware.
If we don't have a PR next week and continued silence from SEC, this thing will become OFFICIALLY history.
I'm just asking for updates on my request, but they usually respond. I also haven't been contacted by a 'research specialist'.
I'll be fair and say it hasn't been too long.
However, I plan to check each Monday and more frequently as more time passes.
The SEC is not responding to me any longer. I haven't received any acknowledgements, just silence.
The date on is when the last annual report was filed... as of 12/31/2012:
1. Period end date: December 31, 2012
2. Number of shares authorized: 1,000,000,000
3. Number of shares outstanding: 83,197,680
4. Freely tradable shares (public float): 1,804,526
5. Total number of beneficial shareholders: 386
6. Total number of shareholders of record: 386
Sometime in 2013... I don't know the exact time it increased (I'm guessing in November when he made the .0001 offering):
Period end date: December 31, 2013
2. Number of shares authorized: 100,000,000,000
3. Number of shares outstanding: 212,341,754
4. Freely tradable shares (public float): 1,804,526
5. Total number of beneficial shareholders: 423
6. Total number of shareholders of record: 423
This is from the 2013 yearly report:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=117857
Not that any of this really matters one way or the other. It showed up on OTC Markets In January, so I was certainly off base there as far as when it was increased.
It's not worth 20.00 to prove it one way or the other, but I figured that's where this would lead.
Where are you getting this? He raised it in January 2014 from 12 Billion.
Was hoping for a dip pre-market, then could have been more patient on THE dip, but ended up with more shares than I thought I'd get when I woke up this morning. Still an entry and/or add still sitting there.
Slowly adding to my pile week by week.
Thx for all your hard work.
Yea... you can add another 100k to my total
Really... because it was incorporated Feb. 14th in Colorado 1 week before the PR announcing anything to do with Bearport:
Since you just made me look it up... they've changed the name on 4/25/14:
http://www.sos.state.co.us/biz/BusinessEntityHistory.do?quitButtonDestination=BusinessEntityDetail&pi1=1&masterFileId=20141099537&srchTyp=ENTITY&entityId2=20141099537&nameTyp=ENT
Add 54000 to my total.
just stupid... no one would waste any time shorting this stock. seriously, it's in the trips and a joke. If you buy that stick to the nasdaq.
at some point this year he will need to pump it at least a little to pay himself 250000 plus grand. good luck and just wait four them to tell you how good the tech chart looks.... wait, that's every day. HaHaHa
I did... but I only requested the 1-A, not the two sales docs. I was hoping you or 420 grabbed those, but I will:
Dear Mr. ds_25:
This letter is an acknowledgment of your FOIA Request
dated and received in this office on April 24, 2014,
regarding Form REG 1A Dated 04/17/2014 filed by Strategic
Global Investments.
Your request has been assigned tracking number 14-
06999-FOIA. Your request will be assigned to a Research
Specialist for processing and you will be notified of the
findings as soon as possible.
In the interim, if you have any questions about your
request, you may contact this office by calling
202-551-7900, or sending an email to foiapa@sec.gov.
Please refer to your tracking number when contacting us.
For additional information, please visit our website
at www.sec.gov and follow the FOIA link at the bottom.
Sincerely,
Office of FOIA Services
There have been several buyers... including myself, but OTC did not update the share count when I bought in Feb.
I would recommend staying away... keep an eye on the PRs and if he stops diluting, issues a PR with verifiable information, and shows revenues from the money he's raised,... jump in.
You'll have plenty of time due to the share count. Dead money for a few months. Keep an eye out for R/S as well.
Did you request the documents, or are you just waiting for the scans?
Not taking into account another Reg A, which we will get details on eventually. It wasn't filed for the heck of it. It will have another offering in the billions. Just how many.
I've requested the doc traditionally, and I'm sure Janice has as well.
Either way, I don't see this going to no bid, but his only way out (and he has used it before) is a massive reverse split.
We'll see...
ok... i may have exaggerated a little... of course, just this one time.
Looks like we'll have to request the docs the old fashioned way. He files everything electronically the past year and then sneaks in mailings.
Yea, I'm sure this is a coincidence as well... haha
I'll request and post when I receive them.
Response:
Dear Mr. ds_25
Thank you for contacting the U.S. Securities and Exchange Commission (SEC). You ask how long it takes for a document to get uploaded on the SEC’s EDGAR website once it has been received.
Please note not all SEC EDGAR filings are available electronically. In this particular case, Strategic Global Investments filings of Form 1-A and Form 2-A were paper filings. However, even if a paper filing is not otherwise accessible via the public EDGAR database, copies are still available to the public upon request. To find out how to request copies of public documents that are not viewable on the SEC website, please go to www.sec.gov/answers/publicdocs.htm. You may use any of the following three methods:
Use our online form at https://tts.sec.gov/cgi-bin/request_public_docs
Send a fax to: (202) 772-9337
Submit a written request to:
U.S. Securities and Exchange Commission
Office of FOIA/PA Operations
100 F Street N.E.
Washington, DC 20549-2736
I hope this information is helpful.
Sincerely,
Rinell Randolph
Attorney
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission
Of course, your an investor...lol
Here's my 'GO $STBV' just for you.
Then why did they respond to him this way?
SEC RESPONSE:
We note that you are attempting to register a maximum offering amount of $5,000,000.
However, Rule 251 (b) under Regulation A provides for an exemption from registration of up to
a maximum aggregate offering price of $5,000,000 for all securities sold within twelve-month
period. Inasmuch as Item 5 on page 3 of your offering circular indicates that a total of $1,
527,500 has been raised pursuant to Regulation A since March 18, 2013, it appears that you are
not eligible to offer the full $5,000,000. Please revise or advise.
http://www.sec.gov/Archives/edgar/data/823187/000000000014007426/filename1.pdf
Maybe I'm confused on what we are talking about... I'm just saying he doesn't have room to issue another 30 billion at .0001 before March lie it was worded in 420s post. He had to do the April offering and still stay under the 5 mill raised.
Heck, maybe we are all saying the same thing.
It sounds like they were questioning and combining both offers against how much he was trying to sell in the January offer.
My understanding is that as soon as the offer expired in March, this freed up room to initiate another offer. Which he did April 17th.
The same thing he could do in July. Is that not correct?
This board is eating up all my posts...lol
Here is there questioning him and his response:
We note that you are attempting to register a maximum offering amount of $5,000,000.
However, Rule 251 (b) under Regulation A provides for an exemption from registration of up to
a maximum aggregate offering price of $5,000,000 for all securities sold within twelve-month
period. Inasmuch as Item 5 on page 3 of your offering circular indicates that a total of $1,
527,500 has been raised pursuant to Regulation A since March 18, 2013, it appears that you are
not eligible to offer the full $5,000,000. Please revise or advise.
Response: Please be advised that we are aware of the aggregate sales price limitation and did not intent
to exceed it. In our mind, the $5,000,000 amount on the offering circular cover page was
intended to cover the total of all three offerings. However, we can see how this creates
confusion. In response to this Comment and Comment No. 3, we have revised the cover page
and the rest of the offering circular to make clear that we are selling Units consisting of 100
shares of common stock for $0.01 per Unit up to a total of $3,000,000 in proceeds. See "Cover
Page" and other parts of the offering circular which describe the offering in Amendment 1.
http://www.sec.gov/Archives/edgar/data/823187/000000000014007426/filename1.pdf
no they didn't look at the amended offerings... the sec directly questions him on it. I would post it again, but I have like 5 times. The final approved offer was just 3 million... .0001 @ 30 Billion. Expires in January 2015.
He has an offer that just expired March 2013, which is why I thought he would make the current offer and then another offer expires July 2014.
That was not approved. Posted and linked several times a response.
Maybe he made a mistake... tried to check updated share count in delaware, but they want 20.00.
I still think he is offering .00001, just have to see how many billions.
Hopefully they will scan it soon. We'll see it one way or the other. I check it a bunch...lol
oops.. add another 1K as well.
Picked up 231,000.
I agree with Janice on this... not many accredited investors are going to buy this at .0001, I think it will be for .00001 and a ton of shares.
We'll see.
ON the 04/17/14 offering? How do you know and how much is it?
He won't be able to sell it a that price and where the stock sits. PRs aren't moving this thing.
Bet the 04/17/2014 Reg A is for .00001 @ 200 Billion. He has probably raised the authorized shares to 300+ Billion.
Again, you have to keep in mind the result of diluting the stock and that is cash. This company is now flush with cash.
I'd start with not wasting 150,000 on promos to pump the stock and actually submit a PR with substance. This would have done much more for the stock if he wanted to entice more buyers from his offering. He may have been able to only dump 10 billion and then do a less dilutive offering at .001 or .01. It might have been able to move with some descent PRs.
Not to mention, with a million (I think he has obviously raised more), he should already have a website in place (not a place holder), he could have bought a dispensary with a both a retail and a medical license and cultivation for under 500,000 and transferred to Bearpot Inc. with a PR.
How much attention would be brought in by just doing a 1-2 minute brief video of some cultivation and growing on a new site?
Would you need to submit another offering April 14th?
If I understand... when they filed the 1-A on the 17th, the offer can be sold on the 20th day unless there is a delaying notation... which that isn't much time to get a delayment...lol
They can send a 'pre-offer' prior to the 20th, but I don't see a rule where they can start selling prior to the 20th of the month.
Surely they couldn't have been this stupid, but it is suspicious.
Looks like the SEC could suspend the offering if it turns out he started selling prior to April 20th, or if he screwed up the sales... but that is why he has the two 2 A sales sitting there.