small corporate offering registration (scor) (see registration by qualification)

The Small Corporate Offering Registration ("SCOR") is designed for United States based corporations that offer securities in reliance on the exemption from registration under Rule 504 of Regulation D but who elect to register the securities at the state level. SCOR is not available where the issuer: (1) is selling penny stock; (2) is a blind pool; or (3) is engaged or proposes to engage in petroleum exploration or production or mining or other extractive industry business. In addition, SCOR is not available where the issuer or any of its officers, directors, 10% stockholders, promoters or selling agents have a history of securities law violations.