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Gold/Mining/Energy : Royal Oak-RYO
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To: littleguy who wrote (807)3/23/1998 11:13:00 PM
From: Bill Jackson  Read Replies (1) of 1706
 
Reg S and Reg D shares are those sold to non Americans with restrictions on when they can enter and trade in the USA. You can literall raise a Reg S deal in one day, as the SEC cares not what you do to screw aliens. However there is an extensive hold period and the stock can sell for 20-40% under market. These are commonly used funding mechanisms in lieu of IPOs and other SEC stuff which can take 6 months to do and get approved.

Bill
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