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Re: Seminole Red post# 4153

Monday, 08/04/2008 8:50:40 AM

Monday, August 04, 2008 8:50:40 AM

Post# of 41474
Redfish,
Did you read the PR The funds will be raised through private investment and be used to acquire profitable firms in the Medical and Entertainment industry.

Also: pursuant to Section 3(a)(10) of the Securities Act and Section 517.061 of the Florida Securities Act

When you look at section 3(a) don't forget the (10) on the end. (10) The issuance of notes or bonds in connection with the acquisition of real property or renewals thereof, if such notes or bonds are issued to the sellers of, and are secured by all or part of, the real property so acquired.

IMO It looks like they are giveng notes or bonds to the private investors. NOT SHARES!

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