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hedge_fun

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hedge_fun

Re: swim post# 54170

Monday, 02/13/2023 4:06:55 PM

Monday, February 13, 2023 4:06:55 PM

Post# of 61848
BLEG had 883 Beneficial Shareholders per…

OTC as of May 2021.

The number of shareholders likely tops 1000 easily.

That means if APRU had actually (ahem) made their payment and BLEG actually distributed the RESTRICTED shares to share holders evenly, then at best you would have had about $150 worth of restricted stock you would need an attorney letter for in order to deposit the shares.

But most brokers won’t accept such worthless shares.

The next time a CEO says a divvy distribution is coming as described, consider it a red flag.

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