Replies to post #22790 on Monarch Staffing Inc (MSTF)

[william2112]

it is just stating that the shares that were sold..or were not sold are exempt from such:

Rules Governing the Limited Offer and Sale of Securities Without Registration Under the Securities Act of 1933

this is what rule they are referring to:

ITEM INFORMATION: Rule 504(b)(1) (not (i), (ii) or (iii))

so they are stating that they are exempt from the rules citing:

§ 230.504 Exemption for limited offerings and sales of securities not exceeding $1,000,000.

because they meet certain conditions:

b) Conditions to be met —(1) General conditions. To qualify for exemption under this §230.504, offers and sales must satisfy the terms and conditions of §§230.501 and 230.502 (a), (c) and (d), except that the provisions of §230.502 (c) and (d) will not apply to offers and sales of securities under this §230.504 that are made


it wasn't a public offering...it did not exceed 1,000,000 dollars...but if i am to interpret it...they are stating that they are exempt for "limited offerings and sales of securities"...and do not have to register the shares that are being sold(resold) because they they don't have to.:)