Friday, March 27, 2015 10:16:16 AM
No, it is neither nonsense nor incorrect. New capital can and will be raised under Regulation A+ because public advertising and direct sales to anyone who believes in the future potential of the company will be allowed.
As it was, from 2008 to the present, relying almost exclusively on friends and family investors, new capital WAS raised by selling the deregistered shares.
Remember that it was Mazuma that explained, shortly after I became CEO in 2006, that the only viable path to new capital formation was to deregister in order to be allowed to raise capital under SEC Rules that a registered issuer cannot and did not qualify to rely upon.
Curt Kramer was correct. Surely you aren't saying now that his advice caused the shares of ADIA to become worthless, because the shares are obviously valuable and in my opinion they are increasing in value despite what Bill Hodson has done with and to his other companies.
As for the idea that I have drawn and redrawn lines in the sand, that is just plain false -- my assertions of fact and demand for good corporate governance and lawful, reasonable capital formation methodology rather than "penny stock" abuses and deceptions have been consistent, unwavering and technically-accurate at every twist and turn for years.
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