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Re: cayman_explorer post# 49933

Monday, 08/21/2006 10:13:50 AM

Monday, August 21, 2006 10:13:50 AM

Post# of 169279
cayman_explorer: Why would an 8K be absolutely necessary? It's part of regular business on their end. Sure, it's big but I wouldn't think absolutely necessary of an 8K. What exactly constitues a "material event"?

"Material Events
Whenever a "material" event occurs, the company must file a Form 8-K describing the event and its possible effect on the company's business. By the very nature, 8-K reports have no schedule. A material event includes such things as bankruptcy, a lawsuit, a merger, resignation of a key officer or director, patent denial, or other significant event.
"

http://www.briefing.com/GeneralInfo/Investor/ToolBox/LearningCenter/edu_SEC_Documents.htm

http://www.sec.gov/rules/final/33-8400.htm

Where would this new bond fall under the above sec.gov/rules list?

lns


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