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Re: Maxinvestor89 post# 94199

Thursday, 05/09/2024 12:21:47 PM

Thursday, May 09, 2024 12:21:47 PM

Post# of 94879
Also for clarification of your shareholders threshold you are misinterpreting the 77 "shareholders" on the OTCM markets website, those are NOT individual persons as described in the statute.

IMO we have far more then the minimum 2000 "persons" as described in the regulation you posted :
it has more than $10 million of total assets; and

the securities are “held of record” by either 2,000 persons, or 500 persons who are not accredited investors.