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Stirling7

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Stirling7

Re: None

Wednesday, 11/18/2015 12:58:35 PM

Wednesday, November 18, 2015 12:58:35 PM

Post# of 6299
Some pinksheet stocks have a pretty low market cap. For example ACTL reportedly (bigcharts) has about 10 million shares outstanding, and a current price of 0.004.

With a total value of $40,000 it wouldn't be difficult for a typical small cap investor to exceed 5% ownership in the company.

My question is, do we as ordinary traders have to file a Schedule 13d in this case?
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