DD Support Board and Research Team

[janice shell]

There are some state exemptions that allow companies to issue free trading 504 stock, or to allow the stock to be freed up immediately in certain circumstances. But those exemptions are rarely applied properly.

Read the complaint here for an explanation of what they do wrong:

http://www.sec.gov/news/press/2012/2012-165.htm

Note, however, that Bronson evidently intends to fight, and has not stopped doing it.