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integral

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integral

Re: jcwillis post# 300

Friday, 06/14/2013 5:11:31 PM

Friday, June 14, 2013 5:11:31 PM

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Yes, it can happen, and so can the dividend. However, why file under the Securities Act of 1933? I had this conversation with Enforcement in Washington DC, and they asked the same thing, why not an Exchange Act of 1934 registration? The only problem I see is DTCC will want to renew the source of each and every share before they will be cleared for transferability. I think an S-1 will bring 9 months of comments, where are a 10-12g will go through quicker.
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