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Re: es1 post# 60216

Saturday, 07/06/2013 11:12:15 PM

Saturday, July 06, 2013 11:12:15 PM

Post# of 294067
"Except he would be in trouble since he is not allowd to talk about an S-1 prior to the S-1"

depends on how prior, prior is...there are ways of keeping shareholders informed..the sec does allow a ceo to do that... the sec in fact requires that...i wouldnt delve to deeply into sec rules...there are volumes of sec rules and for every rule thats seems to indicate you cant do something, you can find another that indicates you can...it all depends...even the sec lawyers will disagree on which rule applies when...it all comes down to the totality of the circumstances...and intent...

"I agree with this. And so would anyone else because nobody has made a new textile in over 50 years. THERE ARE ONLY ROOKIES"

the newness of the product is not that much of an issue...ive been told that the mechanics of producing ms has been done for thousands of years...it apparently is unquestionably a superior product...kim has said he could sell tons of it tomorrow...so its simply a matter of financing and gettin er done...whats the newness of ms got to do with it?...

preferred shares is a nice tool to have...so is a ceo or marketing person with experience in the fiber industry...having people with the credentials and experience to do what kblb is trying to do goes a long way with financial institutions, partners and pretty much everywhere else...and none of them are going to care about an advisory board...if they are not hands on, then they dont count...
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