AI
Tuesday, May 24, 2022 5:48:14 PM
Two notable changes in Form 1-A/A
They’re ditching all selling agents and their plausible future commissions from selling shares from this offering.
They are officially allowing only officers and directors the rights to sell the offering shares at no commission to them.
To me this is great, imo it means they have buyers for the full amount and don’t need any agents and wont loose any money in commissions. What’s behind the curtain must be amazing!
]
This one baffles me a bit, they removed the lock up agreement.
They’re ditching all selling agents and their plausible future commissions from selling shares from this offering.
They are officially allowing only officers and directors the rights to sell the offering shares at no commission to them.
To me this is great, imo it means they have buyers for the full amount and don’t need any agents and wont loose any money in commissions. What’s behind the curtain must be amazing!
]
This one baffles me a bit, they removed the lock up agreement.
