Simply not true Printmail...S-8s are for...
Companies that issue S-8's do it to provide benefits to their associates and management, raise money for an acquisition, pay legal or consulting fees, or to pay management's salary. These are just a few ways companies help with their financing without using any cash on hand.
1. S-8 registration statements are not subject to automatic review by SEC examiners, and become effective immediately upon filing.
2. Once the Form S-8 is filed, the S-8 shares are registered, free trading stock.
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