Why is the relevance of the Internet on marketing and trading of DPO stock?
With respect to stock trading, In 1995 the Pacific Stock Exchange received approval from the SEC to list SCOR and Reg. A securities. This was designed to create a market for SCOR and Reg. A securities and provided liquidity to shareholders. At the same time, the Internet emerged as an attractive tool to market these offerings. The Internet enables companies to build and communicate with affinity groups faster and more efficiently, thus increasing the potential demand for their offerings. Within the United States, there are 50 different state regulations controlling offerings, as well as different rules in the District of Columbia, plus federal and possibly other requirements. Traditionally, an offer or sale couldn’t be made in a jurisdiction where it wasn’t qualified or exempt. Since the Internet reaches everywhere, this becomes a problem. Fortunately, the state regulatory bodies are generally allowing the offering to include disclaimer language such as “This is not an offer in any jur