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rumit

01/03/11 10:55 AM

#27793 RE: rocky301 #27786

If ACT keeps moving up, this is great news for us.

Why would Optimus agree to this, unless they think the price will be below .16?
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starfire

01/03/11 11:42 AM

#27809 RE: rocky301 #27786

Rocky, does this mean they filed a form D earlier or Regulation D is automatic as they are a small company under $25M in sales? TIA

In connection with the transactions described in this Item 3.02, the Company relied upon the exemption from securities registration afforded by Rule 506 of Regulation D as promulgated by the United States Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”) and/or Section 4(2) of the Securities Act.