SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TheBigHub.com (OTC:BHUB)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: skyridge who wrote (559)5/18/1999 2:28:00 PM
From: Sir Auric Goldfinger  Read Replies (2) of 666
 
You may believe, but you KNOW nothing. Lets see, what happens if the shares from the offering are not registered in 60 days of closing?:

"Penalties of 2% of stated value of shares for 1st 30 days after non-filing. Increasing to 3% for each day thereafter, with a corresponding reduction of in price of initially 3%, decreasing by .1% for each additional day"

Well those terms seem pretty damn egregious to me. Makes one wonder if there is a high probability of this offering NEVER getting registered. IF that were to happen, well the shares would multiply like amoebas.

Geez, maybe the SEC doesn't like this kind of stuff, what do you think?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext