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To: Bobbie Boucher who wrote (6240)1/1/2000 8:16:00 PM
From: StockDung  Read Replies (1) | Respond to of 10354
 
Yes Jake it did help, thanks for showing me what a IPO was. Without your help I could have never written the story. I hope Coachman is listening!!

To: TheTruthseeker who wrote (6105)
From: jakebrigance Thursday, Dec 16, 1999 1:42 AM ET
Reply # of 6254

An IPO is simple to understand. It is an Initial Public Offering. You can only do an Initial Public Offering one time (hence the name Initial). Any offerings after the IPO has got to be a secondary offering. Secondary offering are not called such because they are the second offering but because they happen in the secondary market.
I read what you have and in its form I see the words "Initial Public Offering".

This real means nothing though. "Initial Public Offering" an IPO is what we call the path a company takes when it files an S-1 registration. This is a process of raising money and becoming public all at once. This does not look like a standard S-1 to me. ( and they are very standard and boilerplated)

Initial Public Offering is also in literal terms the first offering a company does. Now, there are other ways to raise money for the first time. (Example 504, etc.) But then you need to do a 15c211 of other registration to become public and trade on the secondary markets. The SEC does not require companies that are raising less than $1 million under Rule 504 of Regulation D to be "registered" with the SEC, but these companies are required to file a "Form D" with the SEC. The Form D serves as a brief notice that provides information

Also, companies that have fewer than 500 investors and less than $10 million in total assets are not required to file annual and quarterly reports with the SEC. So does this apply?

I have not seen original doc. so answering you is a bit hard to do. But, take what I have shared with you and apply it.
My first question is "Does it matter".
Second Why?
If so and if the why is important enough, then dig.

Most of what is important about a company is where they are right now. Frankly, If Microsoft started out in a basement of a school on money borrowed from Bill's mom, I don't care. I care that I bought it five years ago and it worth 500 times what I paid for it. But they again there first Initial public offering was a debt issue to Bill's Mom.

You see this really doesn't matter to me. That is unless Bill never paid her back. Then it would be a matter of principal. I would have to sell my Microsoft and buy another 355.

Hope this helped!

Jake