The SEC is not all hopped up.

The SEC put a cease and desist order on buyabeercompany.com.  They were trying to raise $300 million to buy Pabst Blue Ribbon.  Apparently it started with facebook, which brings a whole new meaning to friends and family money. They had “pledges” for 66% of the money. It begs the question, does financial darwinism exist?

Source: http://www.sec.gov/news/press/2011/2011-122.htm

h/t @s_m_i

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  • Anonymous

    Actually, other than not registering, it sounds like a helluva idea.
    Just not sure if it wasnt just a Marketing thing by 2 marketers and not the real deal.

    Regardless, Im ready for an icy cold PBR

    • exactly what I was going to say. 

      great idea, go for it. but yeah, do some research and follow the rules that have been given 

      • Genius plan not well executed. 

  • Anonymous

    Eli, can you delete my first comment, Some how I double posted.
    I tried to edit/delete it out but it looks like Disqus failed to clear it.

4 Responses to The SEC is not all hopped up.

  1. Anonymous says:

    Actually, other than not registering, it sounds like a helluva idea.
    Just not sure if it wasnt just a Marketing thing by 2 marketers and not the real deal.

    Regardless, Im ready for an icy cold PBR

  2. Anonymous says:

    Eli, can you delete my first comment, Some how I double posted.
    I tried to edit/delete it out but it looks like Disqus failed to clear it.

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