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Re: None

Friday, 02/02/2007 11:34:33 AM

Friday, February 02, 2007 11:34:33 AM

Post# of 18385
Brand New 8K Report:

Item 8.01 Other Events:
HydroFlo, Inc. held a stock holders meeting on January 19, 2007 and voted to change from a BDC (Business Development Company) to a 1934 Act Corporation. The effective date of that change is February 1, 2007.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: Feb 2, 2007

By: /s/George A Moore III
George A. Moore III
Chief Executive Officer

So any speculation about how the change from a BDC to a 1934 Act Corporation will effect share price ? It seems as though it is an attempt to meet higher board requirements and possibly is one step in that process but I am not sure.

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