Tuesday, February 15, 2011 1:23:21 PM
Regulation D Rule 504 offers a third method of going public. By relying on Rule 504 on the federal level, a Company can file a Registration Statement with state securities examiners to conduct a small business offering (under $1,000,000). Following approval by the state of that registration statement, shares sold in reliance on the registration statement would be free trading. Upon completing the registered state offering, the Company would again work with a Market Maker to file a 15c2-11 application with FINRA for permission to quote the stock and to obtain a trading symbol. Upon issuance of the trading symbol, the Company stock would trade on the Over the Counter Pink Sheets market or OTC market.
Again.. maybe setting up to remove the freeze?
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