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A Dinosaur

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A Dinosaur

Re: hz4384965 post# 22009

Saturday, 01/31/2015 7:52:38 PM

Saturday, January 31, 2015 7:52:38 PM

Post# of 30990
The problem with that is the shares and warrants are not "registered". They would be restricted, both from immediate sale and possible ownership. You have to be a "qualified" investor in order to purchase them. Qualified - a millionaire, income this year of $300,000 or $200,000 for the last two years.

A lot of current stockholders wouldn't meet those criteria, so RCPI would be in hot water with the SEC. Oh yeah, most IRA's and such can't hold restricted stock. One more reason.

Dino
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