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  1. 01-22-2008 06:31 PM #16
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    Quote Originally Posted by a764 View Post
    It just proves that you are too thick headed to face the reality, as you don't see the sarcasm in the above statement.

    Yet you keep posting away! Getting paid to post? lol...
    Thick headed, huh? I just have to laugh. Good luck to you.
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  2. 01-22-2008 09:22 PM #17
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    well, this one turned out nicely
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  3. 01-22-2008 09:39 PM #18
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    Quote Originally Posted by akula View Post
    well, this one turned out nicely
    Oh, yes. QUITE nicely.
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  4. 01-22-2008 09:44 PM #19
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    i know ey
    the poor guy is thinking he can make money investing in hair care startups
    glad i'm not him
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  5. 02-05-2008 09:20 PM #20
    VCAttorney
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    Whenever anybody raises money - even from private individuals, you must be very, very careful not to violate Federal Securities Laws and State Blue Sky Laws. I have heard of many entrepreneurs who have raised and sold securities to their parents, grandparents, sisters, brothers, brother's girlfriends, etc. in violation of State and Federal Securities Laws. Just because you are not doing an IPO, does not mean you do not have to file with the SEC or with whatever State entity that governs securities offerings in your state or the state in which you plan to raise money.
    Last edited by VCAttorney; 02-05-2008 at 09:22 PM.
    IRS CIRCULAR 230 DISCLOSURE:
    Pursuant to Treasury Regulations, any tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used or relied upon by you or any other person, for the purpose of (i) avoiding penalties under the Internal Revenue Code, or (ii) promoting, marketing or recommending to another party any tax advice addressed herein.

    This communication does not create an attorney/client relationship.
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  6. 02-06-2008 12:55 AM #21
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    Quote Originally Posted by VCAttorney View Post
    Whenever anybody raises money - even from private individuals, you must be very, very careful not to violate Federal Securities Laws and State Blue Sky Laws. I have heard of many entrepreneurs who have raised and sold securities to their parents, grandparents, sisters, brothers, brother's girlfriends, etc. in violation of State and Federal Securities Laws. Just because you are not doing an IPO, does not mean you do not have to file with the SEC or with whatever State entity that governs securities offerings in your state or the state in which you plan to raise money.
    Ahh, refreshing...finally a voice of reason. I've worked in the private placement arena since 2000 and bozos like the OP wont listen to me, hopefully they'll listen to you.

    Good to have you on board.
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    A thinker sees his own actions as experiments and questions--as attempts to find out something. Success and failure are for him answers above all.
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