Replies to post #20409 on Logiq Inc (LGIQ)

[Pink Current]

That sums it up well:

Purchasers receive "restricted" securities, meaning that the securities cannot be sold for at least a year without registering them.

In the O/S, NOT in the float.

STOA

MS99

[space1230]

If that was the case, Wing Wang would have no reason to hide the STOA float # for 2 years. We've already proven a half a billion added to the public float while Wang wants to avoid transparency. You've posted what he should be doing regarding rule 506-S4/2. Shareholders are more concerned what he is not doing and that is he is not addressing his "company" with it's failing share price, it's unknown reason for an 8 billion authorized share count increase and a float rapidly increased to near 590 million shares back 2 MONTHS AGO.

And Wang wants loyal shareholders? Nah, he wants to raise money his way at the cost of shareholders with absolutely no regard for his shareholders. That is why STOA should be treated as a dangerous 1 tick flip "play stock" until Wang provides a little transparency. He's earned no support from investors as far as I am concerned. I just look at the daily money lost here for the past 6-12 months. We're not going to debate the actual 99+% decline in share price over the past year, are we?

Google search Rule 506 S4(2) for the SEC

www.sec.gov/answers/rule506.htm

Tell me this is not in the last 10Q