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StormyStocks

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StormyStocks

Re: upstocks post# 16358

Friday, 04/08/2011 1:22:43 PM

Friday, April 08, 2011 1:22:43 PM

Post# of 21127
The following letter was sent on January 11th, 2011 to the Securities and Exchange Commission advocating a revision in the number of shareholders of record a private company can have before registration. In the letter, GATE CEO Vince Molinari lays out the case for increasing the 500 investor cap – which has not changed since 1964. As a thought leader committed to the expansion of electronic trading of illiquid assets, Mr. Molinari hopes to proactively engage regulators on this very important issue on entrepreneurial capital formation and begin a discussion that leads to appropriate reform.

Molinari's letter to the SEC

When Vincent Molinari speaks, the SEC listens LOL.

Speaking the truth in times of universal deceit is a revolutionary act. ~ George Orwell

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