Halo Collective Inc. N.HALO.WT.C

RE:RE:RE:RE:RE:RE:65,000,000 Dollar Shelf Prospectus

[sollmg]

sollmg wrote: Initially I thought that was what the Prospectus was until I read the top of page 15

                                                  "USE OF PROCEEDS"
"The net proceeds from any offering of Securities and the proposed use of those proceeds will be set forth in the applicable Prospectus Supplement relating to that offering of Securities. The Corporation will not receive any proceeds from the sale of Securities by selling securityholders."

The last sentence indicates that it's securityholders doing the selling, not the Corporation

Using the Prospectus to sell large chunks of shares, insiders can do it without driving down the stock price.