Rule 506(b) of Regulation D

Section 4(a)(2) of the Securities Act exempts from registration “transactions by an issuer not involving any public offering.”  Rule 506(b) is a rule under Regulation D that provides conditions that an issuer may rely on to meet the requirements of the Section 4(a)(2) exemption.  One of these conditions is that an issuer must not use general solicitation to market the securities.

“General solicitation” includes advertisements published in newspapers and magazines, public websites, communications broadcasted over television and radio, and seminars where attendees have been invited by general solicitation or general advertising.  In addition, the use of an unrestricted, and therefore publicly available, website constitutes general solicitation.  The solicitation must be an “offer” of securities, but solicitations that condition the market for an offering of securities may be considered to be offers.

OFFERING RULES

This offering is being made available on the Bitcoin, Litecoin and Counterparty forums. We will not be responding publically (on this thread) until the offering is successful or the duration of the offering (as described above) is complete. Whichever occurs first. This is to stay compliant with Regulation D filing rules for Rule 506(b) by the US Securities and Exchange Commission. Any questions regarding this offering can be directed to the contact person listed above.

Listing Fees
We estimate our total costs relating to the registration of the securities offered herein shall be approximately $10,000.