Replies to post #7422 on Ole Fart Reality Room

[Ole Broke Azz]

It's not a difficult or even impossible feat to become CNS cleared again, it's just companies either don't care or don't want to spend the cash to do it.

I beg to differ, but everyone is entitled to their own opinion, base on his or her own experience.

I know several CEO's that produce respectable revenues that have never done a Reg D 504 and they are all having a heck of a time with DTCC and the cost is enormous

[Stevenvegas]

while that may be true in some cases, in many others simply not true. DTCC are horrible at communicating. tossin the bay out with the bath water and crushing shareholders along the way

[BigBake1]

504 is an exemption from registering, that is the issue, the exemption is being used to dump billions of shares. The DTC has no regulations as they are not a regulatory body, they have their own policies and they utilize established regulations from both the SEC and FINRA to set those policies. In fact there are so many things wrong with your post it is very apparent you have no idea how this all works.