Letz look at something else MRIB has done ..............
Say I am MRIB, and I want to sell stock in the state of California, and I don't have a current registration statement filed with the SEC, and I don't have current financial information filed with the SEC, AND I DON'T HAVE A PROSPECTUS FILLED WITH THE SEC.......
I have to file with the state of California Securities Department and register the stock, or file an exemption from registration with the state of California.
Now say I want to sell out of state, say Michigan (latest 13G)I also have to file with the state of Michigan either a registration statement or an exemption from registration with the state of Michigan.
Say I want to sell it in any state outside of California, I have to file with each state securities department a registration statement or an exemption from registration.
ITS CALLED BLUE SKY LAWS !!!! Selling securities illegally across state lines...............
We all know what that means......
MRIB claims they have 200 shareholders of record? Why doesn't somebody pull a NOBO list (non objectionable beneficial owners list), and find out how many shareholders oof record there really are. (head in the sand MRIB) I'll bet anybody a quarter that its over 300, and then guess what..........the issuer has a duty to file reports under Section 15 (d) of the Securities Exchange Act of 1934.
You guys want to keep deleting my post? I'll just keep going.
