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Originally Posted by CyberClaire
Thanks..thats what I thought ....
On a side note: Is it legal to just offer a million dollars worth of shares to the public like that ? or is this different .
I thought strict regulations exsisted for public offerings and shares ? ....Not looking to see the guy get in trouble...just the opposite ...would hate to see the next video of him in leg irons and a orange jumpsuit on his way to break rocks for 5 yrs  . |
Definitly not legal in the US. Private placements are subject to the Securities at of 1933. He is "widely-marketing" non registered securities which certainly doesn't fall under the safe-harbor rule 144. At minimum there isn't even a private placement memorandum, just a paypal money now button.