Piecemaker READ THIS !!!
believe this poster.
Posted by: goodfree Date: Wednesday, December 10, 2008 11:52:02 AM
In reply to: goodfree who wrote msg# 13214 Post # of 13252
Ok I just got of the phone with them and they take the average price for the past 5 days and cut it half for the 144 stocks. So like 8 cents a share or so right now. But you need to hold onto them for at least one year so this looks to be a good option if you plan to go long!
Cheers!
Fact:
1. The company has sold PPO's to non-accredited investors.
Quarterly Report June 30, 2008
Regulation D offering commenced on 5/14/08 with the latest shares sold on 6/23/08 at an average price per share of $.07. A total of nine shareholders purchased in this offering – seven accredited and two non-accredited in the states of Florida, Illinois, California and New Jersey. All certificates contain a legend stating that the shares have not been registered under the Securities Act and that such shares cannot be sold or transferred for a period of 12 months under Rule 144 of the Securities Act.
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