Can you answer this Post Mr.Teffy?We lost money here.Your help will be apriciated.Since you know the rules and Regulations and believe that you are the most honest man on Ihub. Looking forward to your reply here on this post. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52454918 Posted by: greedy__malone Date: Tuesday, July 20, 2010 12:43:32 PM In reply to: Mr.Penny Stock who wrote msg# 8869 Post # of 8881
Can I ask a quick question about that Form 15.
Bob obviously wasn't going to register the shares right? So wouldn't your shares have been issued illegally without a registration statement and any sales of those share by you, resulted in the same charges that got you and the others in trouble the last time?
How could he not need to file the Form 15 if he was not going to register the shares he was issuing to you?
He would have been breaking SEC rules had he not filed the Form 15 and issued the shares without a registration statement. Or, he could have filed a registration statement for the shares which obviously wasn't going to happen because he was 6 years delinquent in his filings.
So, can you explain how this transaction could have been conducted legally without the Form 15?
Did you tell him to register the shares he was issuing you for debt conversions? Because if you did not then Bob would have been breaking SEC rules and regs by issuing them without a registration statement.
The only way to legally issue them without the registration statement would be to file the Form 15 which would have eliminated the requirement from that point forward.
I am having a hard time here determining who exactly was being "honest" in this transaction and who was being deceitful. Could you clear that up for me?
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