Quote:
Originally Posted by HamsterWheel
Dephormation - you go and try to buy any quantity of PHRX shares and you'll find there simply aren't any for sale. So the price is irrelevant.
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that is because you can only buy the PHRX stocks in the US, the reg S shares can be sold outside the US
that is the reason for the reg S shares.
no point having an international company if only US investors can invest
but reg S has been seen by many as having insufficient controls to prevent various types of fraud
correct me if i am wrong
peter