Home > Boards > US OTC > Mining/Resources > Palayan Resources, Inc (PLYN)

April 15, 1982

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BigBadWolf Member Level  Monday, 05/17/21 12:01:39 PM
Re: BigBadWolf post# 864
Post # of 896 
Quote:
April 15, 1982
Regulation D became effective on April 15, 1982. See Revision of Certain Exemptions from Registration for Transactions Involving Limited Offers and Sales, Securities Act Release No. 6389, 47 Fed. Reg.



came to an end as crooked CEO's were not doing the aforementioned deal(s) w/ registered accredited investors as was required, so began as those Reg D shares were free trading w/ no hold times required

Quote:
October 25,1988
On October 25,1988, the Commission proposed Rule 144A (the "Rule") to provide a non-exclusive safe harbor exemption from the registration requirements of the Securities Act of 1933 (the' "Securities Act") 1 for specified resales of restricted securities to. institutional investors.Apr 23, 2021



followed by Rule 144 stock issuances
Quote:
Rule 144 requires a selling security holder to hold shares of a non-reporting company for one year after the securities are fully paid for. When does the holding period commence? Generally, the holding period commences once the securities are fully paid for. sale of securities.


Quote:
Rule 144 requires a selling security holder to hold shares of a reporting company for six months after the securities are fully paid for.



ahh the good old 504D deal days & yes I remember them fondly wink some things in the OTC are very verifiable

& yes there was a convertible debenture dumped here after the paying of a so called...


Alpha Male always Caribbean Wolf Pack Strong The Society of Slayers...

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