If you know a
better place to live,  WHY NOT TAKE YOUR HOCKEY STICK AND GET THE PUCK OUTTA HERE? |
I fly this
flag for just one reason ... To piss off the  poverty pimps, race hustlers and snowflakes ! |
Could someone tell
me??? |
SEC Issues Crowdfunding Rules Steven Lemon Managing partner New Black Wall Street Exchange 25 Oct 2013 On April 5, 2012
President Obama signed the JOBS (Jumpstart
Our Business Startups) Act, which was
created to allow small businesses to offer
their stock to the public without the
expense of registration and certain other
rules that larger corporations must
follow.
The final rules were to be written and put in place by the Securities and Exchange Commission (SEC) within 270 days of the signing, and typical of how lickety split our government works, especially when the prescribed period occurs during a presidential campaign, the commission on 25 Oct, 2013 , some ten months past the deadline, issued a UNANIMOUS proposal outlining final rules for the crowdfunding section of the act New Black Wall Street has been preparing for this day for more than a year, guessing at what the rules might say and how we might incorporate those rules into our service inventory. Now that the rules have been proposed (the SEC still has to solicit public comment for ninety days prior to final adoption, the newly created cottage industry which sprang up to serve the small businesses that would need to use the benefits of the act can finalize their procedures and prepare for the expected increase in activity. New Black Wall Street originally considered becoming a "Funding Portal" through which entrepreneurs could market their stock, an investment adviser which would help buyers evaluate and select stocks to buy, or a full blown stock exchange to bring buyer and seller together pretty much as the major exchanges and dozens of minor ones do today. After much researching and soul searching and the specter of the inevitable red tape and bureaucratic quicksand that government always manages to inject into everything we do, we have decided to offer the admin and information services that facilitate the execution of those business activities listed above. By the end of January 2014 we expect to offer the following services to new users of the JOBS Act.: A. Stock Transfer Agent... To record, safeguard and transfer stock certificates and records of stock transactions, what's this? (Investopedia) B. Incorporation services in most states, subcontracting others C. Registered Agent... To act as remote administrative liaison for intrastate and interstate corporations what's this? (Wickepedia) New Black Wall Street will be seeking to establish working relationships and networks with current service providers as well as those who wish to add the above services to their list of offerings. View the proposed rules submit public comment to the SEC |
EVEN IF YOUR EYES TURN RED AND YOUR ASS TURNS BLUE,  FOR THE NEXT TWO YEARS, HE'S YOUR PRESIDENT TOO! CLICK IMAGE
 Thought for today!  |
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