i read a few posting back and someone said right before the split they issued more shares and the A/S is now 7.5 B? I dont know but it sure sounds like they are underhanding some more premeditated deals to screw the upcoming future investors, from my opinion.
can someone help me understand;
what is or what are Form Ds use for, LCRE has alot of them before the split;
FORM D Notice of Exempt Offering of Securities
5. Issuer Size
Revenue Range
x No Revenues
Federal Exemption(s) and Exclusion(s) Claimed
x Rule 504(b)(1) (not (i), (ii) or (iii))
7. Type of Filing
x New Notice
8. Duration of Offering
Does the Issuer intend this offering to last more than one year? o Yes x No
9. Type(s) of Securities Offered
x Equity
10. Business Combination Transaction
Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer? o Yes x No
11. Minimum Investment
Minimum investment accepted from any outside investor $ 19000 USD
13. Offering and Sales Amounts
Total Offering Amount $ 19000 USD o Indefinite
Total Amount Sold $ 19000 USD
Lecere Corp James B. Morris James B. Morris CEO 2010-09-29
WhaT does these forms mean, did he sell shares or did he cash out on shares?
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