Replies to post #5767 on Halberd Corp (HALB)

[Toxic Avenger]

ROFLMAO. I didn't say there was NEVER an S-1, just that the death spiral was unconnected to an S-1 and was indeed a PIPE offering. PIPE shares do not need to be registered.

So I'm afraid it's your information is once again, INCORRECT.

"This isn't a PIPE deal. A pipe deal has to be registered as such as this particular company did NOT do a PIPE registration, it was a typical S-1 registration"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86242056

"During January 2010, the Company issued convertible promissory notes totaling $170,475 to two shareholders. The notes bear interest at 12% and are due after the 12-month anniversary date or anytime after the 12-month anniversary date but not more than 36-months after the note maturity date. The notes and any unpaid accrued interest are convertible into shares of common stock at the average closing bid price of the stock over the preceding 10 trading days less a 25% discount. The notes were not converted as of October 31, 2012."