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Alias Born | 04/12/2001 |
Wednesday, August 08, 2012 3:40:46 PM
Do you not yet grasp that in a Reg S placement, the company is KNOWINGLY selling stock to the "offshore scammers" you describe?
In reality, some Reg S placements are entirely legitimate. What's wrong with the exemption is that non-reporting companies don't have to tell anyone when they do one. Nor need they divulge how much stock is involved.
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