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Re: janice shell post# 5659

Sunday, 04/23/2006 10:48:58 PM

Sunday, April 23, 2006 10:48:58 PM

Post# of 56764
You are mixing up apples with oranges. We are not talking about ADRs. The SEC allows ordinary shares of foreign corporations to trade directly in the OTC American Market under an exemption. Look at 12g3-2b as an example.