Replies to post #2759 on ParaFin Corporation (PFNO)

[PENNIEStoSTACKS]

"$6M USD of shares of common stock of Parafin"

http://finance.yahoo.com/news/Private-Equity-Firm-Executes-iw-588711751.html?x=0&.v=1

[janice shell]

Normal pinky financing through a 504 filing is limited to 1M per 12-month period...If they are getting 6M, maybe they are using treasury shares or restricted stock for the financing...

They're probably using Rule 506.

http://www.sec.gov/info/smallbus/qasbsec.htm