Drilling Tools, Inc, wants to make an initial public offering of securities. Drilling Tools believes that it qualifies for an exemption under Regulation A from the full registration requirement of the federal Securities Act of 1933. Drilling Tools decides to sell its new securities via the Internet. This offering
A) will avoid the payment of commissions to brokers or underwriters
B) is an investment scam.
C) is a Ponzi scheme.
D) constitutes insider trading.
A
Business
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