Ravishing Razors has received unwanted media attention recently due to their sales tactics. In order to address concerns, they instruct their salespeople to limit sales phone calls to one time per month or less. However, it still pays its salespeople based on commission. Stanley is a salesperson for Ravishing Razors. He doesn't make much money aside from his commissions. Eager to increase his pay, Stanley ignores Ravishing Razors' orders, and calls the people on his list as often as he can.

9. _____ Based on impressive sales numbers they have had recently, Ravishing Razors decides it would like to go issue stock for public sale.

• a. Assuming Ravishing Razors has never sold stock before, do they have to go through a registration process in order to offer stock for public sale? If so, please describe that process (5 points)

• b. What sort of information does Ravishing Razors have to provide, and to whom does it have to provide that information? (5 points)

PLEASE DONT ANSWER IN ONE PARAGRAPH