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Re: Milesblue42 post# 34043

Thursday, 01/28/2016 8:45:56 AM

Thursday, January 28, 2016 8:45:56 AM

Post# of 37545
Wrong. The S1 filing is to complete a PRIVATE PLACEMENT with institutional funds, not to sell directly into the market. Institutional funds are long-term holders. This is the way public companies operate. That's why the S1 was created.