Replies to post #249 on Bonds.com Group, Inc. (fka BDCG)

[bullcents]

Rule 506

http://sec.gov/cgi-bin/browse-edgar?company=&CIK=0001179090&filenum=&State=&SIC=&owner=include&action=getcompany

Rule 506 is more specific in what the issuer can and cannot do regarding the sale of securities. However, Bonds.com is already publicly traded, so we can already deduce that they aren't just trying to ripoff their shareholder for the money. They are trying to raise money in order to avoid going further and further into debt. Also according to Rule 506 they are required to report to their shareholders. Don't forget they are already publicly traded, and they haven't issued Form 15, otherwise I would say throw in the towel. They're just trying to raise money.

[bullcents]

The more I look at this stock, the more it makes sense. Remember the $4.35mil private placement press release? The recent Reg D form filed on 1/23/08 is for that private placement. So, in a nutshell, everything is cool.

The letter the company mailed to all shareholders this past week, stated that after the merger they plan to issue 6.2676504 shares for every share of Bonds.com Inc. for an aggregate 57,542,704 shares of common stock.