Rimrock Gold Corp (RMRK)

[mrgnfreeman]

Why cant CRCW trade publicly without any restrictions from the JOBs Act?

They never issued the Preliminary Prospectus to complete the IPO:

https://www.prospectus.com/general-info/preliminary-prospectus-red-herring/

Preliminary and Selling Securities

For issuers considering selling stock in the company or selling debt securities to investors a well-tailored and written preliminary prospectus is mandatory for any company wishing to obtain financing in the public markets. A preliminary prospectus document can bring added protection to one’s business and is often required to raise either debt or equity financing. A well written preliminary prospectus will tell the story of the company, from the minute details of the types of securities being offered, e.g. stock versus bonds, to the management team, the market, the risk factors and the overall business plan model of the company, among many other features. The final part of the prospectus is reserved for the subscription agreement, which is an essential component of any prospectus as the subscription agreement is the contract between the issuer and the person buying the debt or equity securities. A good preliminary prospectus will be used for multiple offerings in future issuance or offerings to the public.

And they reason they cannot issue more CRCW shares