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Form SB-1

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Form SB-1
An SEC form used by small businesses to register offerings of up to $10 million of securities, provided the company has not registered over $10 million in securities offerings during the preceding 12 months.


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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.
DataPower will provide a promissory note for $7 million for its interest in the company, and will pay the purchase note out of the proceeds of a public offering, pursuant to a registration statement of Form SB-1 to be filed shortly by DataPower with the U.
 
 
 
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