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Re: I-Glow post# 16553

Wednesday, 02/17/2016 2:37:28 PM

Wednesday, February 17, 2016 2:37:28 PM

Post# of 79340
This company has already "sued itself" using a 3(a)10 rule. You are correct that this situation could occur. I am not well versed with this particular avenue of debt reduction so I am unclear how often they can use this method.

Do you know by any chance?

And does that method apply if the company is/was shell status?

I should have stated that there should not be any Rule 144 exemptions granted to this company as being shell in the past, and not currently SEC Fully Reporting prevents that exemption from registration.

Your life is trite and jaded,
Boring and confiscated.
If that's your best, your best won't do.

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