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Re: Pennsy post# 158858

Friday, 08/23/2019 10:31:52 AM

Friday, August 23, 2019 10:31:52 AM

Post# of 205105
Pennsy, it's all explained on this site:

https://www.law.cornell.edu/cfr/text/17/240.12h-3

If the SEC doesn't deny the form 15, then they don't have to report until their assets are over $10M or the shareholders of record are over 500. (currently 374).

If the SEC denies the form they have to report in 60 days.