News Focus
News Focus
icon url

Cap John

05/17/10 3:31 PM

#740 RE: bogey999 #739

Bogey you said,
"Also, the 30% deal on the 415 is NOT a rule, so dont consider it so, it is only a staff consideration. SEC has signed off on the current share offering, so it is wrong to construe the shares being sold as 'illegal'."

in my opinion lying to the sec in an effort to get an S1 effective that will
dilute the public by 99.75% is in fact crminal & I'm sure the sec will put
an end to it. And though you say rule 415 doesn't matter after the fact I
assure you it does.