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CGardener

06/20/14 11:50 AM

#672 RE: Reptos #671

completely incorrect. we're back around to our discussion of section 5 of the 1933 Act. EVERY sale or issuance has to either be registered or exempt from registration. so let's simplify this - what exemption would Cascade rely on, since they don't have an effective registration statement?
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1manband

06/20/14 12:08 PM

#674 RE: Reptos #671

Again, you are incorrect. The SEC registration process is a matter of public record. It cannot be done "in a day or two" as you claimed. It is an intense review process that will require a significant amount of time, up to several months or more, in order to satisfy the SEC comments and become effective.

But the point is likely moot, as CSDT seems like a zombie stock and not an actual party to FRTD's claimed "transaction". It looks like just more Parilla BS.