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Post# of 346672
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BubbaInSC

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BubbaInSC

Re: MightyX post# 283733

Thursday, 02/13/2020 4:47:14 AM

Thursday, February 13, 2020 4:47:14 AM

Post# of 346672
It’s Not exempt as it Failed #1

Penny Stock Exempt: “This security is exempt from the definition of a Penny Stock under SEC under Rule 240.3a51-1 because it meets one of the following tests: 1) A price of over $5 per share, 2) the issuer has Average Revenue of at least $6 million for the last 3 years, or 3) the issuer has Net Tangible Assets in excess of $2 million if the issuer has been in continuous operations for at least 3 years or $5 million if less than 3 years.
Penny Stock Exempt”

https://www.otcmarkets.com/glossary#penny-stock-exempt

Could someone with a good rapport with the company recommend filing for this exemption please?

Everything posted is MY OPINION! I am making NO buy or sell recommendations here! DO YOUR OWN DUE DILIGENCE!

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