Replies to post #16586 on Positron Corporation (POSC)

[bpatient]

It appears positron is simply addressing the missed form D as required in rule 506.

While companies using the Rule 506 exemption do not have to register their securities and usually do not have to file reports with the SEC, they must file what is known as a "Form D" after they first sell their securities. Form D is a brief notice that includes the names and addresses of the company’s owners and stock promoters, but contains little other information about the company.



http://www.sec.gov/answers/rule506.htm