pm replies ) my best guess? we get the tick change
Post# of 96879
then they'll complete
http://www.sec.gov/about/forms/forms-1.pdf
Quote:
Form S-1 is an SEC filing used by companies planning on going public to register their securities with the U.S. Securities and Exchange Commission (SEC) as the "registration statement by the Securities Act of 1933". The S-1 contains the basic business and financial information on an issuer with respect to a specific securities offering. Investors may use the prospectus to consider the merits of an offering and make educated investment decisions. A prospectus is one of the main documents used by an investor to research a company prior to an initial public offering (IPO). Other less detailed registration forms, such as Form S-3 may be used for certain registrations.
The S-1 form has an OMB approval number of 3234-0065 and the online form is only 8 pages long. However the simplicity of the form's design is belied by the OMB Office's figure of the estimated average burden – 972.32 hours. This means that much time and effort in preparation of the form is being used to collect and display information about the filer (a corporate registrant or new registrant who intends to offer securities). The S-1 form requires that the registrant provide information from diverse sources and incorporate this information using many rules or regulations, such as General Rules and Regulations under the Securities Act, Regulation C, Regulation S-K and Regulation S-X.
Under the JOBS Act, it has been possible since April 2012 for "emerging growth companies" to file a Form S-1 on a confidential basis, only making the contents public 21 days prior to the road show for the IPO. This quickly became a popular method for even established companies (such as Manchester United and MGM Studios) to conduct securities offerings.
filings are "edgarized". you can track progress
http://www.sec.gov/cgi-bin/browse-edgar?compa...getcurrent
after the s-1 reg is approved. then we'll be close to share distribution. progress. as you see, has already been made. cusip change. name change. business filings. procedures. sos filings. tick change. much already visible. for those who know what's going on. know where to look
of course you'll probably hear stories of doom and gloom. but they don't jive with the truth (just people preying on naive. uninformed. inexperienced. et. al. day in and out. nothing new)
like being in a theater. someone screaming "fire". that's great when there is one. a person has a moral obligation. but also now. a legal one. internet "scam" screamers can stand on ceremony. claim "free speech". hide behind the internet/message board "opinion" defense. if they did that in a theater (real life) they'd go to jail
someday. maybe that changes. for now. keep your research hat on. educate yourself. invest accordingly
watch out for the idiots who want to be heard. buy into the screaming. manipulated price. whatever. they are the ones who know squat. but parrot sentiments of "opinion makers" (naysayers. scam screamers. et. al.) . they also are price sensitive. logic being that "price is truth" (which is bullshit). you would have no inefficiencies to exploit (and profit from) if that were true
we see this phenomenon here too. people who don't know shit. they start talking trash so others can educate them. so they can gauge fact from fiction (they think). so don't be THAT guy. do the homework. otc investing is speculative. don't be lazy. you'll lose your ass. and you'll only do well cuz you got lucky. make no mistake. you have money. other people want it (and will say and do anything to separate you from your $$$$)
ok. off soap box now...(hope that helps inquirers)
last thing - pet peeve alert. everyone's posts are "their opinion". mine is based in experience. research. links. i often provide. don't debate my stock position. waste of time. i don't care if anyone in here buys or sells. flips. scalps. trades. goes short or long. you do you. but if you want to debate me. debate the merits of my post. logic. conclusions (enough with the attacks on people for their pov - that goes for everyone on the board). and support your pov with the same consideration pls (links. facts. et. al.)
more on s-1 for review
http://www.investopedia.com/terms/s/sec-form-s-1.asp