Noticeable new tidbits posted elsewhere 2-24-19:
Post# of 11803
(Total Views: 364)
Posted On: 02/25/2019 10:54:17 AM
Noticeable new tidbits posted elsewhere 2-24-19:
"Let's give KB 10 days. If he does qualify the Reg A in 10 days, what do you offer?"
"The SEC already passed on it review by offering a "no comment" letter which will be posted by the SEC 10 days after the Registration is declared Qualified. A "no comment" letter means that there are no further issues with the Registration and nothing is missing. The only things required at this point are:
1. is the company going to use a licensed brokerage to sell the registration, who the broker is and whether they have registered to sell these type of Registrations. Answer: No, no broker needed.
2. whether the company is cleared to sell the registration statement in any state (Blue Sky). The company already chose New York.
So changes to the business plan, updated financials to September 30, 2018 are built into the registration statement, and a discussion with the SEC about Effective date, and the company is done"
" I actually know what I am talking about. No audited financials needed like you have stated, no outstanding issues like you have stated, no negative bets about timing."
"Let's give KB 10 days. If he does qualify the Reg A in 10 days, what do you offer?"
"Really, and if it is filed, lets say tomorrow or Tuesday, what will you offer?"
"Oh, one more thing, KB told me that Walmart and CVS will receive GenChoice samples in about 10 days for testing now that the first FDA "AI" letter has been received and answered."
Noticeable Market maker back holding the AX on the ASK:
OTCX
"Let's give KB 10 days. If he does qualify the Reg A in 10 days, what do you offer?"
"The SEC already passed on it review by offering a "no comment" letter which will be posted by the SEC 10 days after the Registration is declared Qualified. A "no comment" letter means that there are no further issues with the Registration and nothing is missing. The only things required at this point are:
1. is the company going to use a licensed brokerage to sell the registration, who the broker is and whether they have registered to sell these type of Registrations. Answer: No, no broker needed.
2. whether the company is cleared to sell the registration statement in any state (Blue Sky). The company already chose New York.
So changes to the business plan, updated financials to September 30, 2018 are built into the registration statement, and a discussion with the SEC about Effective date, and the company is done"
" I actually know what I am talking about. No audited financials needed like you have stated, no outstanding issues like you have stated, no negative bets about timing."
"Let's give KB 10 days. If he does qualify the Reg A in 10 days, what do you offer?"
"Really, and if it is filed, lets say tomorrow or Tuesday, what will you offer?"
"Oh, one more thing, KB told me that Walmart and CVS will receive GenChoice samples in about 10 days for testing now that the first FDA "AI" letter has been received and answered."
Noticeable Market maker back holding the AX on the ASK:
OTCX
(2)
(0)