Normally, no. Companies usually issue stock under Reg D to raise money from private placements not to swap shares like was done there.
Sure, it's possible the 500M were piggybacked on the Reg D. Anything is possible w/ Mario. Why don't you request a copy of the REGDEX forms from the SEC’s Public Reference Branch then you'll have a better idea if it's included?
goingup11, i very seriously doubt anyone will ever apologize to mario, or even ray larson for that matter, about anything they've said. the only reason bucktoothjohn apologized for posting bogus papers was because his buddies told him to, to avoid any PRISON time...