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Re: rnr324 post# 249

Thursday, 01/24/2008 6:16:42 PM

Thursday, January 24, 2008 6:16:42 PM

Post# of 340
Rule 506

http://sec.gov/cgi-bin/browse-edgar?company=&CIK=0001179090&filenum=&State=&SIC=&owner=include&action=getcompany

Rule 506 is more specific in what the issuer can and cannot do regarding the sale of securities. However, Bonds.com is already publicly traded, so we can already deduce that they aren't just trying to ripoff their shareholder for the money. They are trying to raise money in order to avoid going further and further into debt. Also according to Rule 506 they are required to report to their shareholders. Don't forget they are already publicly traded, and they haven't issued Form 15, otherwise I would say throw in the towel. They're just trying to raise money.

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