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Re: janice shell post# 5646

Sunday, 04/23/2006 1:44:32 AM

Sunday, April 23, 2006 1:44:32 AM

Post# of 56764
It is registered in a real way in the Philippines with their SEC there. There is an exemption that allows foreign stocks to trade in the OTC American Stock Market. PAIM started out as foreign, moved to the USA, foreign again, and finally back to the USA. It seems that they have maintained all of their corporation status' with each former jurisdiction, and they are extraterritorially registered in BC as well. That doesn't make them registered with the American SEC. I don't see that they ever merged with a shell to become public.