The new form SB-1
transitional issuer registration statement may be used for public offerings of up to $10 million in any continuous 12-month period.
At the same time, the company also confirmed its ongoing process for the filing of Form SB-1
with SEC to be listed on the OTCBB; however, hiring a qualified Canadian legal and accounting firm is a crucial step for Pilgrim Petroleum Corporation," stated Rafael Pinedo, Company President and CEO.
Additionally, legal counsel for Group Management Corporation today confirmed that the Company has filed a form SB-1
, registering for sale 11,666,666 shares of Kadalak Entertainment Group, Inc.
s registration statement on Form SB-1
, relating to a secondary offering of its common stock by selling stockholders, became effective on February 4, 2000, and may be viewed on the Internet using the Netword: NTWD SB-1A.