HydroPhi Technologies Group Inc. (fka HPTG)

[dbbogey87]

Being a POSITIVE person about the recent filing, under 506(b):

Under Rule 506(b), a company can be assured it is within the Section 4(a)(2) exemption by satisfying the following standards:
• The company cannot use general solicitation or advertising to market the securities;
• The company may sell its securities to an unlimited number of "accredited investors" and up to 35 other purchases. Unlike Rule 505, all non-accredited investors, either alone or with a purchaser representative, must be sophisticated—that is, they must have sufficient knowledge and experience in financial and business matters to make them capable of evaluating the merits and risks of the prospective investment;