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Billmoneyi

06/11/07 10:08 PM

#2090 RE: Zoom-Zoom-Away #2089

Ummm, nice.

frenchy

06/12/07 2:50 AM

#2092 RE: Zoom-Zoom-Away #2089

The filing Mentions REGdex form was filed, have you not seen it yet ?

REG D =
A Securities and Exchange Commission (SEC) regulation governing private placement exemptions. Reg D allows usually smaller companies to raise capital through the sale of equity or debt securities without having to register their securities with the SEC.

Reg D offerings are advantageous to any private company or entrepreneur because they allow an entity to obtain funding faster and to avoid the costs associated with a public offering.

Reg D = Dilution

They are not restricted, they are being sold for cash to operate the company.

It's not the end of the world, just understand what it is doing to the PPS.

tchalla

06/12/07 4:01 AM

#2094 RE: Zoom-Zoom-Away #2089

Yes, Zoom, you are correct. They are restricted.