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Re: OldtimeramI post# 27226

Monday, 04/10/2017 10:05:22 AM

Monday, April 10, 2017 10:05:22 AM

Post# of 30360
IR told me that the Articles of Incorporation requires a shareholder vote to offer the equivalent of 25% or more of issued shares in an offering.

An offering that raises $6.9 million would no doubt exceed that limit.

The explanation that Nasdaq has required the filing of the S-1 seems very plausible.
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