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Preliminary prospectus
Posted 18 September, 2009 by Sherlyn Ariel Navarro from Guadeloupemy name is Sherlyn from Guadeloupe. I'm new at all this forex trading business, and i have a question for Your Sorcererness regarding a term i can't conceive: what does preliminary prospectus mean?FX Sorcerer Answers:A first draft registration statement filed by a firm prior to proceeding with an initial public offering of securities. The document, filed with the Securities & Exchange Commission, is intended to provide pertinent information to prospective shareholders about the company's business description, management, strategic initiatives, financial statements and ownership structure. The SEC requires a preliminary prospectus to be printed with red ink on the left side of the cover; as a result, the document has been nicknamed the "red herring". Is an important subject to follow, Sherlyn. Preliminary prospectus is A first draft registration statement filed by a firm prior to proceeding with an initial public offering of securities. The document, filed with the Securities & exchange Commission, is intended to provide pertinent information to prospective shareholders about the company's business description, management, strategic initiatives, financial statements and ownership structure. The SEC requires a preliminary prospectus to be printed with red ink on the left side of the cover; as a result, the document has been nicknamed the "red herring".Go to
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