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Re: WhisperingBomb post# 50550

Wednesday, 08/08/2012 2:50:20 PM

Wednesday, August 08, 2012 2:50:20 PM

Post# of 80983
Huh???

Reg S is an exemption from registration. Companies can sell stock to non-U.S. residents and they don't have to tell a soul about it, if they're not SEC filers. I imagine that's how MDMN managed to issue so much stock over the years.

And yes, all MMs who trade U.S. OTC stocks must be registered with FINRA.

Do you understand the difference between MMs and brokers?