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Trek95

03/29/18 5:58 PM

#17724 RE: starkd748 #17723

Yes, I think I answered my own question, just thought there would have been enough O/S to sell...

Otherwise is it a way to keep all things equal on the playing field when all of the different entities are merging together?

And these don't need to be registered?

BREAKING DOWN 'Private Placement'

A private placement has minimal regulatory requirements and standards that it must abide by. While it is a capital raising event involving the sale of securities, it is a method of capital raising that does not have to be registered with the Securities and Exchange Commission (SEC). Its investors include a small pool of entities and individuals. The investment does not require a prospectus and in many cases, detailed financial information is not disclosed.



Read more: Private Placement | Investopedia https://www.investopedia.com/terms/p/privateplacement.asp#ixzz5BB239qeU ;
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Sirpeter

03/29/18 7:29 PM

#17725 RE: starkd748 #17723

Yup by turtle through the Mohave desert...George picked the cheapest way...LOL