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Helter Skelter

09/06/11 10:43 AM

#5596 RE: Kccdad #5594

or else it would violate SEC regulations

They claim to be relying on Rule 504 as an exemption for issuing shares. They should have filed a FORM D, with the SEC, for using that exemption...

While companies using an exemption under Regulation D do not have to register their securities and usually do not have to file reports with the SEC, they must file what’s known as a "Form D" after they first sell their securities...

If the company has not filed a Form D, this should alert you that the company might not be in compliance with the federal securities laws.

FORM D