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Re: tdbowieknife post# 78199

Friday, 05/30/2014 5:14:16 PM

Friday, May 30, 2014 5:14:16 PM

Post# of 116863
That says penny's do not have to apply safe harbor: B) ...

Exclusions
Except to the extent otherwise specifically provided by rule, regulation, or order of the Commission, this section shall not apply to a forward-looking statement—

(1) that is made with respect to the business or operations of the issuer, if the issuer—
....
(C) issues penny stock;
....

Many do because it keeps frivolous suits from being filed... and the only reason for a penny to file is to expect or show expectation of listing up which requires it before listing.

I'm not following your point... waited until after closing for response as it had nothing to do with trading didn't want to mess up trading time...

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