Quote from: Silverspoon on March 13, 2015, 10:38:17 AM

Havelock, above and beyond facilitating sale of unregistered securities to US persons, knowingly deals directly with US issuers of said illegal securities--US nationals, operating from US soil (see: Brandon Schlichter (RENT), his brother Benny Schlichter (HASH) MS, etc., etc.) in breach of both US law & Havelock's own TOS).

I'm not a lawyer but I do note that the listing pages for both HASH and RENT both state that US citizens should not buy these issues and in the case of HASH should contact the issuer in regard to "SEC Reg. D. 506 exemptions". I also am not aware of any US regulations preventing the sale of securities to non-US citizens. So I can only conclude that you do not know the regulations in force, however I'm sure both Brandon Schlichter and Benny Schlichter would be happy to explain this to you the legal position if you contact them in a non-anonymous manner.

In any case it is a big old world out there and only 5% of the population are in the US so frankly, who cares about the SEC anyway? - their entire remit is in regard to investments sold to US persons. If US citizens are daft enough to buy into offerings which are stated as prohibited by the issuer that is their own responsibility.

In any case this thread is about AMHASH1, which is based in China. I don't see any misrepresentation from Havelock in relation to AMHASH1 so I don't see what AirWolf has to gripe about.

Andy

andyfletcher

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