Prosper officially files with the SEC

[dist]

http://blog.prosper.com/2008/12/05/prosper-s-1-registration-statement-filed/

Discuss...

[Xenon481]

They have removed the ability to comment on their blog. . . . . .

[112233]

ShhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhHHHHHHHHHHhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

they're in a quiet period

[yankeefan]

So THAT's the reason there have been no messages added to the Fauxum's since 11/20....

[pioneer11]

Hush yo mouth, it's the quiet period

[mtnchickatstore]

As we continue to work closely with the securities authorities, we will be unable to respond to your questions and posts until our registration becomes effective.

Hasn't someone (Fred maybe?) already pointed out that a "quiet period" doesn't mean this at all?

[112233]

the quiet period means all you lenders need to STFU and stop questioning prosper

[bamalucky]

They forgot to mention the million dollar settlement or the SEC C&D

[Investar]

LIST of all public documents Prosper filed with the SEC
http://www.sec.gov/cgi-bin/browse-edgar?NOaction=getcompany&CIK=0001416265

Read Fred93's studied commentary about it here....
http://fred93blog.blogspot.com/2008/12/prospercom-new-prospectus-good-but.html

Prosper's proposed platform essentially mimics Lending Club. According to their SEC filing, they have also done the "Blue Sky" filing necessary for state approval. The state approval process going on at Lending Club may predict if and when you will be eligible to participate on Prosper once it reemerges.

The slate of that activity is here....
SCP Prosper, Investing, And Finance Forums
http://forums.go4reward.com/index.php?topic=271

edited to update text, repair links

[onthefence]

Haven't they already responded to the press at least once during their "quiet period"?

[bookwyrm]

Haven't they already responded to the press at least once during their "quiet period"?

They meant the lenders should STFU, not that they should entirely give up they press habit.

[112233]

Haven't they already responded to the press at least once during their "quiet period"?

They meant the lenders should STFU, not that they should entirely give up they press habit.

that's what I say

[j9359]

The S-1 is an interesting read.
Acknowledges SEC C&D, settlement with states, and the class action lawsuit.
Also has Prosper financial info,  compensation and equity info.
ETA: http://www.sec.gov/Archives/edgar/data/1416265/000110465908074769/a08-29602_1s1a.htm

[bamalucky]

This offering is highly speculative and the Notes involve a high degree of risk.  Investing in the Notes should be considered only by persons who can afford the loss of their entire investment.

[bamalucky]

Our platform is designed and structured in a manner such that the activities performed by lender members on our platform do not trigger state lending or finance company licensing requirements.

Thats bullshit because 25 loans in Alabama means you gotta be licensed