From: GJG@SteelVest.com (SteelVest)
Newsgroups: alt.invest.real-estate
Subject: Re: Angel(s) required
Date: 21 Aug 2003 19:30:22 -0700

jrf30@aol.com (JRF30) wrote in message news:<20030821111556.06476.00000302@mb-m28.aol.com>...
> >.for music project to move to next level. Good ROI offered.
> >
> 
> You are doing a "general solicitation" of the public for a private offering. 
> the SEC says that is illegal.  
> 
> PLus, youa re putting it on the real estate board, when it is an equity deal in
> a music company.  that is called Spam.
> 
> WHy would anyone invest in your firm knowing you cut corners and break laws
> like that?  It gives me the impression taht you are not the type management I
> would want to invest in.  If you don't care about laws and respect, then you
> won't care when you hvae to make decisions that would lose my money.
> 
> So, stop posting on the real estate borad, so the SEC doesn't find out about
> your illegal solicatation. (read the Reg 504, 505, and 506 laws)
> 
> John

John,

You are absolutely correct on both accounts:  (1) this is SPAM on a
real estate board and (2) the PROMOTER is stepping all over Federal
and State securities law.  I had forgotten that in another life
(before you went straight - into real estate) you were a stockbroker. 
Wish more people would know and care to follow these rules.

All the Best!

GJG@SteelVEst.com