Replies to post #64838 on Saddle Ranch Media Inc (SRMX)

[kingpindg]

SEC says that shares sold in Regulation A offerings are not restricted. Where did you see that there was a six month holding period?

From page 15 of the link below...

Capital Raising Strategies ?Regulation A: ?Provides an exemption from registration for transactions by non-reporting companies of up to $5 million per year.?Requires an offering document to be filed with the SEC. ?Allows companies to “test the waters” for interest in their offerings. ?Permits a public offering.?Securities purchased are not restricted securities. ?Companies that complete Regulation A offerings do not automatically become subject to ongoing reporting under the Exchange Act. ?No state preemption.

https://www.sec.gov/info/smallbus/acsec/acsec103111presentation.pdf




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