CGE Energy Inc (CGEI)

[BigYak]

I want to say that I am not concerned about getting my shares of Aradatum. There have been several publicly released statements stating that CGEI Shareholders will receive Aradatum shares on a 1:1 basis. They can not go back on that now, even if they tried, which I do not believe they are trying. There would be legal implications there.

I'm not sure if they're simply trying to gather more resources, or if this a way to try and jump to another exchange. They are asking for exemption from Rule 506(b), here is a site trying to define that. https://www.investor.gov/introduction-investing/investing-basics/glossary/rule-506-regulation-d

Some things that I think are noteworthy "The company may sell its securities to an unlimited number of "accredited investors" and up to 35 other purchasers. 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." This part tells me that they are, once again, convincing people that know what is going on to give them money. That is a good thing.

Another piece "Companies relying on the Rule 506 exemptions can raise an unlimited amount of money." This tells me that they are convincing people to give them another large sum of money.

I will say, the only part that concerns me is that maybe they are selling a whopping portion of the company, but as you said Dano, doing that only hurts their shares as well.

One other thing I found "Form D is a filing with the Securities and Exchange Commission (SEC) that allows companies under a Regulation D exemption or Section 4(6) exemption to offer stock to finance their businesses without going through the IPO process and selling stock to the public."