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Re: midtieroil post# 320178

Saturday, 12/10/2016 12:21:48 PM

Saturday, December 10, 2016 12:21:48 PM

Post# of 360863
Sure would be nice to know that wouldn't it? That was the point I was making that you responded to earlier with respect to the notices that should be filed by a lot of the new holders. I say that given the fact that officially we are still at a point where we the average passive investor can only see that there are some 40 million indicated shares in the capital structure because that is the information that is publically available to most individual investors. Now common sense would suggest there are a lot more out there because of the CDs, and lets not forget that those with an obligation to report to the SEC should have about the same information as all the rest of us. And it is management's job to disclose material events so that passive shareholders can make informed decisions in their investments. Absent any new information on the number of shares outstanding I would venture to say that there are likely a whole lot of new investors that are technically in violation of SEC reporting rules just as you mentioned of Chrome and PN and SO.