504 Reg D and Beyond - Going public without an Underwriter Message Board

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Microcap & Penny Stocks : 504 Reg D and Beyond - Going public without an Underwriter

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To: Chloe R who wrote (30)	7/8/1998 10:33:00 PM
From: micky	Read Replies (1) of 50

Two different things. Convertible debt is a long term hold (usually 3-5 years). The 504 can only be sold to residents of states in which it's registered or off-shore. Believe the new rules will require a 1 year hold on 504 stock for individuals, institutions are exempt from this hold, I believe.

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