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Star Scientific, AŞ Message Board

  • worldfamousmargs_and_gazpacho worldfamousmargs_and_gazpacho Jan 11, 2013 1:42 PM Flag

    Form 427 issuing 12,000,000 shares @ $2.67??


    Anyone see this?

    This topic is deleted.
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    • the.familyman Jan 11, 2013 2:09 PM Flag

      It is a sale of a total of 254,452 shares. The 12 million shares is refering to the amount of shares authorized under that prospectus in April of 2011.

      • 1 Reply to the.familyman
      • 424B7 1 v331898_424b7.htm 424B7

        Prospectus Supplement to
        Prospectus dated April 29, 2011

        Filed pursuant to Rule 424(b)(7)
        Registration No. 333-173627

        Star Scientific, Inc.

        12,222,364 Shares of Common Stock

        This prospectus supplement amends and supplements our prospectus dated April 29, 2011, or the Prospectus. The Prospectus relates to 12,222,364 shares of our common stock that may be offered for resale by the selling stockholders named therein. This prospectus supplement amends and supplements the Prospectus only with respect to the selling stockholder named herein.

        The selling stockholders named in this prospectus supplement, or in supplements hereto, may sell all or a portion of its common stock, from time to time, in market transactions, in negotiated transactions or otherwise, and at prices and on terms which will be determined by the then prevailing market price for our common stock or at negotiated prices directly or through a broker or brokers, who may act as agent or as principal or by a combination of such methods of sale. In addition, the selling stockholders may offer the common stock from time to time through ordinary brokerage transactions on the NASDAQ Global Market. See “Plan of Distribution” in the Prospectus for additional information on the methods of sale.

        This prospectus supplement should be read in conjunction with, and may not be delivered or utilized without, the Prospectus. This prospectus supplement is qualified by reference to the Prospectus, except to the extent that the information in this prospectus supplement supersedes the information contained in the Prospectus.

        No securities are being offered or sold by us pursuant to this prospectus supplement. We will not receive any of the proceeds from the sale of these shares by the selling stockholders.

        Our common stock is traded on the NASDAQ Global Market under the symbol “STSI”. On January 10, 2013, the last reported sale price of our common stock was $2.67 per share.

        Our principal executive offices are located at 4407 Cox Road, Suite 110, Glen Allen, Virginia 23060. Our phone number is (804) 527-1970.

        Investing in the offered securities involves risks. See “Risk Factors” beginning on page 1 of the Prospectus.

        Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the offered securities or determined if this prospectus supplement is truthful or complete. Any representation to the contrary is a criminal offense.

        The date of this prospectus supplement is January 11, 2013.

        Sentiment: Strong Buy

    • is this new financing?

    • Just got email about it

      Sentiment: Strong Buy

    • Inconsequential.