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Re: SundanceKid post# 17559

Wednesday, 05/01/2013 11:45:23 PM

Wednesday, May 01, 2013 11:45:23 PM

Post# of 104572
In case you didn't understand the first time, there was another bullet that said the securities can be sold to an unlimited number of accredited investors but there is a limit on non-accredited investors (look up the difference).

So the bullet I did include is focused on not favoring one class over with more information than the other. What you missed or chose to ignore is that both classes are prospective investors in the PIPE in the form D, not the general public. Therefore, the company is allowed to provide these prospective investors with information of their choosing.

Here was another bullet I did not include:
The company cannot use general solicitation or advertising to market the securities.

Taken all together, the form D is a simple notification of the offering, interested investors must contact the company for further information (disclosed at the company's discretion) on the offering and the company must be available to answer questions by prospective purchasers

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