PowerLinx Inc (PWNX)

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BillBranum

You always seem to post good stuff, I think I have commented on your stuff in the past.

REG S shares?

Can any publicly traded company, ANY COMPANY, issue REG S shares to oversea's investors without disclosing them to the SEC or shareholders?

SEC does not have any laws to prevent this or at least require the disclosure?

When and how are they disclosed?

If REG S shares are issued, say a million dollars worth, How is this money accounted for on a 10q? Im sure the "check" for said shares is made out to the issuing company? Or is it the transfer agent?

I am not a broker type, I just have a hard time believing that this practice is legal & is happening!


Opinion please?