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ratso1

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ratso1

Re: 22hornet post# 30179

Friday, 08/24/2012 2:53:26 PM

Friday, August 24, 2012 2:53:26 PM

Post# of 221926
one problem I believe is the Texas Secretary of State's office

No. The reason is Texas allows a loophole to 504 exemption restrictions. If the 504 stock goes to an accredited investor, it can trade almost immediately in the State with an attorney letter. Of course, pinks go everywhere, so it's a bogus system. That's why Texas figures prominently with these serial diluters and so many "office" in Austin.

"Pink sheet stocks provide for the peaceable transfer of monies from the stupid to the corrupt." --Diabolus

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