AmeriGa.net, an Internet service provider, has never made any filings with the Commission. Hoff failed to register this offering with the Commission, and there were no applicable exemptions from registration. Hoff's Offer of AmeriGa.
Sellers post descriptions of items they wish to sell on the site.
Potential buyers may, in turn, access these descriptions. Over the course of the next several hours or days, potential buyers may bid on the items on-line. At the close of each auction, the highest bidder wins and must purchase the item. In response to the postings, several bids were made. No sale of AmeriGa.net shares was consummated.