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Re: coachbob post# 96

Tuesday, 07/08/2014 3:02:39 PM

Tuesday, July 08, 2014 3:02:39 PM

Post# of 304
Hey Coach, that appears to be right that it is associated with the funding,imo. This form D filing is just giving notice of the funding. The date of first sale of both equity and options is 6/25/2014 for a total of $34,638,706. All $34,638,706 has been sold with $0 remaining to be sold as of the date of this filing which was signed at the bottom 7/6/2014.

Have run into these Form D filings where a company will have it open for funding, where part of it is filled and the rest can be purchased. Here's an example below from another company, they have a Form D equity offer for $250,000 that had $50,000 already funded with $200,000 remaining to be funded.

http://www.sec.gov/Archives/edgar/data/919742/000110262414000149/xslFormDX01/primary_doc.xml
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Companies may use an exemption under Regulation D to offer and sell securities without having to register the offering with the SEC. When relying on such an exemption, companies must file what’s known as a "Form D" after they first sell their securities. Form D is a brief notice that includes basic information about the company and the offering, such as the names and addresses of the company’s executive officers, the size of the offering and the date of first sale.

All Forms D must be filed electronically. The Office of Small Business Policy has posted information on its webpage about the filing requirements for the Form D.

http://www.sec.gov/answers/formd.htm