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Born Under a Bad Sign - Albert King & Stevie Ray Vaughan 1983
The Who - Teenage Wasteland
CANNED HEAT - GOING UP THE COUNTRY
Rory Gallagher - Bullfrog Blues
Alvin Lee - The Bluest Blues
Uriah Heep - July Morning
$495K in shares to drop here...GL
Mr. Larry Weinstein is collecting his back pay............................
On December 31, 2008, Mr. Larry Weinstein, signed a promissory note for $150,000 for Executive Compensation that was owed and due for the year of 2008.
On December 31, 2009, Mr. Larry Weinstein, signed a promissory note for $150,000 for Executive Compensation that was owed and due for the year of 2009.
On December 31, 2010, Mr. Larry Weinstein, signed a promissory note for $150,000 for Executive Compensation that was owed and due for the year of 2010.
.2 Shares Issuable . The number of whole shares of Common Stock into which this Note may be voluntarily converted ("Conversion Shares") shall be determined by dividing the aggregate principal amount borrowed hereunder by $0.0001 (the “Note Conversion Price”).
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8588120
The time is right...........Allow equity-based "crowdfunding." New businesses will be able to raise up to $1 million in equity capital from unaccredited investors. This provision facilitates the utilization of online trading portals, a mechanism used to solicit a large number of smaller investors. The Senate version of the JOBS Act created a number of restrictions aimed at protecting investors. Among those restrictions are limiting individual investments to (1) the greater of $2,000 or 5 percent of the investor's annual income or net worth if either annual income or net worth is less than $100,000; and (2) 10 percent of the investor's annual income or net worth, not to exceed $100,000, if annual income or net worth is greater than $100,000 and also requiring registration by intermediary platforms and issuers with the SEC. Federal law would preempt state regulations, meaning that issuers could raise funds from across the United States. The SEC will have 180 days after the bill's enactment to publish rules for crowdfunding.
Remove prohibitions on general solicitation of Regulation D offerings. The JOBS Act allows for advertising of Regulation D 506 offerings, as long as advertisements are focused on accredited investors. Affluent individuals who provide capital for a business start-up, also known as "angels," should especially note the McHenry Amendment, which clarifies that angel and incubator platforms that do not charge a fee connected to the purchase or sale of securities would be exempt from broker-dealer registration. This exemption from registration will be helpful for Internet platforms, such as AngelList or Gust and venture forums aimed at accredited investors, and also for some angel groups.
Companies with less than $1 billion in annual revenue can “go public” without following strict disclosure regulations for the first five years. While they will not have to follow all Sarbanes-Oxley regulations initially,
http://www.accountingweb.com/topic/accounting-auditing/jobs-act-economic-solution-or-investor-nightmare
just the quiet b4 the storm......Next target will be the .0002 bid support...then the fun starts with the 1/2 flip.....
Eric and company will do just fine....with a little help from big brother.....The JOBS Act: Economic Solution or Investor Nightmare?
.........http://www.accountingweb.com/topic/accounting-auditing/jobs-act-economic-solution-or-investor-nightmare
Not to worry...just the MMs (brokers) adjusting the average daily price down so the next blocks can trade lower (discounted).... because of the lack of interest at current prices........the .0001/.0002 flip is getting closer and will bring in the volume...gl
Four years of watching your investment tank to nothing. glued to this board transfixed by every word and sound that came from the great Eric and to end up where you started with nothing to show for it but a bloated float with more shares to fall.....Toast....
This guy is slick...got tired of his own words being used against him in bold so he does this......The longs are toast here.....Time to wake from the dream.
Not to worry...just eric cleaning up his act for the new funding in excess of the 1M limit under the current reg D 504 issue.
If he advertises 1000+ with the ticker on the label and Potential investors look it up and see a current reg D filing and call the company to invest.....Would that not be Advertising?
Product Advertisements
The above examples refer to using radio advertisements and seminars in connection with an offering of securities. By the terms of the rule, they do not apply to advertisements for goods and services other than securities. However, the SEC believes that an issuer’s product promotion may be deemed a general solicitation or general advertising for the sale of securities, based on (1) the content of the advertisements and (2) the actual use of the advertisement in relation to the offering of securities. When enumerating these criteria, the SEC declined to issue guidance on this particular issue. See Printing Enters. Mgmt. Sci., Inc., 1983 SEC No-Act. LEXIS 2250 (Apr. 25, 1983). In addition, if the primary purpose of an advertisement is to sell securities and to condition the market for future sales, an advertisement may constitute an offer even if an issuer is not offering securities at the time. Again, the SEC declined to give further guidance about the meaning of “conditioning the market.” See Gerald F. Gerstenfeld, 1985 SEC No-Act. LEXIS 2790 (Dec. 3, 1985).
http://webster.utahbar.org/barjournal/2010/03/avoiding_general_solicitations.html
http://www.sec.gov/answers/rule505.htm
That's great...Now with this opinion letter he can legally dump more shares........Ahhh! but he already did.......ic
Shes a listing badly to the port side.....Eric the best CEO in pennyland......Help!
how cool is that......But i'm a tennessee guy...U~know.......whiskey in the jar ~~~~~~~
Nickelback - Rockstar
G-nite......Kickin' It In Tennessee
Blackfoot- Highway song
Molly Hatchet - Whiskey Man
the Outlaws`` Green Grass and High Tides
Yeppers!!!!! c-nite 4sure.....Grand Funk Railroad - I'm Your Captain/Closer To Home
Procol Harum - A Whiter Shade Of Pale
Long Cool Woman in a Black Dress - The Hollies
Bad Company - Bad Company
Lynyrd Skynyrd - Tuesday's Gone
Thin Lizzy Cowboy Song
Toby Keith - I Love This Bar
Brooks & Dunn - Hillbilly Deluxe
Brad Paisley;Alison Krauss - Whiskey Lullaby
The Band Perry - If I Die Young
Sugarland - Stay
Tracy Chapman - Give me one reason
Creed - My Own Prison
Nickelback - If Everyone Cared
Avril Lavigne - When You're Gone
Daughtry - It's Not Over
3 Doors Down - Here Without You