One Step Ahead

[SPIN]

edit: only posting about S-8s in the abstract.

just the use of S-8s in general, pros&cons. not in any relation to CMKX at all. maybe not the right time to raise general topics for discussion --- or maybe it's the perfect time (until St. Pat's day) to talk about other stuff for a while.

btw, i don't think S-8s can be used for merger currency, Mach. Drillbit, yep you are correct, big diff b/tw S-8 & 8K.

S-8 is a short form quickie registration statement, typically to pay employees & independent contractors for various services (usually lawyers, accountants, marketing, sales, websites, etc., but not for stock promotion or financing).

it is often a totally legitimate way to compensate people when a company is short on cash, but being a short form & almost no disclosure required, it gets abused sometimes, especially by microcaps. fyi - don't know anything about UC's use of S-8 at all, good or bad, fwiw.

8K is a report for material events (hirings, resignations, material contracts, etc.). IMO anyone looking at microcaps should try to learn more about S-8s, Reg D, Rules 144, etc.

thanks fer the replies & have a great weekend all.

SPIN

P.S. BadBassPlayer - wasn't bashing CMKX at all (wasn't even posting about CMKX, actually). i can understand you guys being on edge, but was trying to change the subject & discuss something non-stock specific --- okay?

in edit: this is CMKX related: interesting m&a theory Mach. it could be one way to shed much of the stuff from the past & avoid the SEC pulling registration in 60 days +/-. could also convert s/hs stock into another issue. if UC is holding legit hard assets desired by others, it could make sense. & having HH's former lieutenant steering the ship, heck, who knows?