That's a good question. Read through this, and you'll get a better idea of why they do what they do. Note in particular the dollar amounts.
sec.gov
Oh, and BTW, I snagged one at the front door tonight. Saved us all some trouble. #reply-8553857
And in case they are poofed soon, I humbly offer my Premier Post on those threads: #reply-8553564
To: Joel Cohen (0 )
From: Tastes Like Chicken
Friday, Mar 26 1999 8:03PM ET
Reply # of 2
Joel, you happened to luck out. I just happened to see this first, along with your other ad. A Reg D offering is not an IPO, Joel. You are solciting sales here on SI, Joel. Without a memorandum, Joel. (Not a prospectus, a memorandum, dammit. You have to get this stuff right or the SEC will be upset.) You also forgot to mention the risks of buying into a private company, Joel.
Let me guess, Joel. It's going to be a Bulletin Board deal, right? The company is really making a lot of money, and you chose to go on the BB instead of the NASDAQ just because you like the sound of it? You had a bright idea for raking in some non-accredited investors, Joel?
Am I psychic?
SI ain't free ad space for you, Joel. It makes me wonder why you waited until after hours on Friday to post your spammer-jammer sales pitches that look like they might violate the Securities Act of 1933, Joel.
Later, Joel. |
