Replies to post #7618 on Digatrade Financial Corp. (DIGAF)

[sneakerhead253]

That was over a month ago before all the SEC action

[kairos]

Can you read? Obvious process for ICOs; just follow the rules ...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134212431

Followup links:

1) From yesterday, "Investor Alert: Public Companies Making ICO-Related Claims":

https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-alert-public-companies-making-ico-related

Pretty clear that non-fully reporting and outright pumps are the target.

2) From last month, "Investor Bulletin: Initial Coin Offerings":
https://investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-bulletin-initial-coin-offerings

Capital raises via non-traditional methods like ICOs are ok if paperwork is filed and up to regulatory standards:
"Depending on the facts and circumstances, the offering may involve the offer and sale of securities. If that is the case, the offer and sale of virtual coins or tokens must itself be registered with the SEC, or be performed pursuant to an exemption from registration."

3) DAO report:
https://www.sec.gov/litigation/investreport/34-81207.pdf

Same conclusion as above:
"...the Commission has determined that DAO Tokens are securities under the Securities Act of 1933 (“Securities Act”) and the Securities Exchange Act of 1934 (“Exchange Act”). 1 The Commission deems it appropriate and in the public interest to issue this report of investigation (“Report”) pursuant to
Section 21(a) of the Exchange Act 2 to advise those who would use a Decentralized Autonomous Organization (“DAO Entity”), or other distributed ledger or blockchain-enabled means for capital raising, to take appropriate steps to ensure compliance with the U.S. federal securities laws. All securities offered and sold in the United States must be registered with the Commission or must qualify for an exemption from the registration equirements."

[Pizzdaddy]

Dude, go back to GAHC's board and relax.