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Re: Poptech post# 9943

Sunday, 04/03/2016 11:52:19 AM

Sunday, April 03, 2016 11:52:19 AM

Post# of 10055
Popt: When you register shares, they then exist. When you terminate the registration, the shares no longer exist.

Oh, this is rich. haha

Really? Sticking to that?

OK...then what about shares of a company that have traded for years and the company has never filed once, anything, w/ the SEC. They never registered a thing. Not themselves, not their securities, no stock, nothing.

Their shares trade. Are you suggesting that their shares do not exist simply because they've never been registered?

https://www.sec.gov/cgi-bin/browse-edgar?company=Efftec+International%2C+Inc.&owner=exclude&action=getcompany
http://ih.advfn.com/p.php?pid=webchart&btn=s_ok&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=USOTC%3AEFFI&s_ok=Get+Chart&period=8&drawmode=0&size=19&volume=1
http://www.otcmarkets.com/stock/EFFI/filings
Note: The above link from OTC are not official SEC filings and no registration of shares w/ the SEC is found. The company doesn't even have a website! haha

So, what about that, Popt? Are you really prepared to tell those EFFI shareholders that those shares in their accounts that they bought and trade, they somehow don't exist because they were never registered w/ the SEC?

ANALOGY...

Does a car (stock) not exist unless it's first registered w/ the state? I'm looking at a car (stock) right now in my yard (account) that doesn't have an engine (trade). Does the car (stock) that I'm looking at not exist? Does that little sticker (registration) alone will that car (stock) into existence otherwise it's a figment of my imagination? If the car (stock) didn't exist in the first place, why and what is it I'm registering? Is it not a car (stock)? If it's not a car (stock), what is it?

C'mon, I mean, really. Is this what we're now trying to be convinced to believe? That the registration of the stock alone is what makes it exist and those EFFI shareholders are trading nothing?

If so, IMO, everybody should take offence to that because that would be an insult to everybody's collective intelligence. WOW.

lns

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