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Re: A deleted message

Thursday, 12/07/2017 8:41:51 PM

Thursday, December 07, 2017 8:41:51 PM

Post# of 721306
Kabunushi, it is my understanding that the exemption from Reg FD for offerings is because they are satisfactorily covered by the original securities act. And, secondary offerings, or, some secondary offerings are not exempted. I hate these legal searches. We are such a country defined by lawyers for lawyers. There are typically multiple areas to look with multiple interpretations to work through. Bottom line for me is it is quite illogical to permit "material" disclosures to a select audience and in this case it could be information that would conflict with what has already been communicated to current investors in favor of new (or repeat) select investors. I will continue this silly legal search and deal with the legal terms. The SEC website is the first stop. It does take time.
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