Replies to post #4275 on Halo Collective Inc (HCANF)

[Scumbag Fraudsters]

Whaaaat?! LOL

OTC & FINRA ain't the SEC, AFAIK.


I was told directly by the SEC:

Please note that Halo Collective Inc. is not registered with the SEC and as such, this entity does not file disclosures with the SEC.

As you may know, under the Securities Act of 1933, any offer to sell securities must either be registered with the SEC or meet an exemption. Regulation D provides three exemptions from the registration requirements, allowing some smaller companies to offer and sell their securities without having to register the securities with the SEC. Form D is a brief notice that includes basic information about the company and the offering, such as the names and addresses of the company?s executive officers, the size of the offering and the date of first sale. Additional information regarding Regulation D is available at http://www.sec.gov/answers/regd.htm. You should be aware that issuers that use Regulation D to raise capital generally do not become subject to the SEC's periodic reporting requirements.

You may wish to read our Investor Bulletin discussing the risks associated with private placements under Regulation D, which is available at https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-bulletins-31. As noted in the bulletin, "Private placements may offer great opportunity. However, the attractive potential rewards often come with high risks of loss."

With respect to Halo Collective Inc., which trades on OTC Markets, we would suggest that you review the available information on MicroCap Securities at https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-bulletins/investor-3.

I trust you completed that spreadsheet and alerted NEO and the authorities? :-D

[Scumbag Fraudsters]

Whaaaat?! Part 2. LOL

Are you aware that Halo is OTCQB and not OTCBB?

Are you aware that OTCQB replaced OTCBB over a decade ago?


Did you even bother to read about the Form D exemptions?

Let me make it easy for you.

Under the federal securities laws, any offer or sale of a security must either be registered with the SEC or meet an exemption. Regulation D under the Securities Act provides a number of exemptions from the registration requirements, allowing some companies to offer and sell their securities without having to register the offering with the SEC. For more information about these exemptions, see our Fast Answers on Rules 504 and 506 of Regulation D.

Companies that comply with the requirements of Regulation D do not have to register their offering of securities with the SEC, but they must file what’s known as a "Form D" electronically with the SEC after they first sell their securities. Form D is a brief notice that includes the names and addresses of the company’s promoters, executive officers and directors, and some details about the offering, but contains little other information about the company. You can access the SEC’s EDGAR database to determine whether the company has filed a Form D.

Even if a company takes advantage of an exemption from registration, a company should take care to provide sufficient information to investors to avoid violating the antifraud provisions of the securities laws. This means that any information a company provides to investors must be free from false or misleading statements. Similarly, a company should not exclude any information if the omission makes what is provided to investors false or misleading.