InvestorsHub Logo

microsoftt f/k/a arnold

05/03/10 8:11 AM

#17248 RE: greenpar #17245

You do not need to be an accredited investor to buy This pink sheet stock.

The following is from SEC "Rule 502 -- General Conditions".


At a reasonable time prior to the sale of securities to any purchaser that is not an accredited investor in a transaction under Rule 505 or Rule 506, the issuer shall furnish to the purchaser a brief description in writing of any material written information concerning the offering that has been provided by the issuer to any accredited investor but not previously delivered to such unaccredited purchaser. The issuer shall furnish any portion or all of this information to the purchaser, upon his written request a reasonable time prior to his purchase.

At a reasonable time prior to the sale of securities to any purchaser that is not an accredited investor in a transaction under Rule 505 or Rule 506, the issuer shall advise the purchaser of the limitations on resale in the manner contained in paragraph (d)2 of this section. Such disclosure may be contained in other materials required to be provided by this paragraph.