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TJG

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Alias Born 06/20/2007

TJG

Re: None

Monday, 11/11/2024 8:34:20 AM

Monday, November 11, 2024 8:34:20 AM

Post# of 9448
Here is the definition of a 13G. Note that there is a big difference between a 13G holder and a Convertible Note holder... It is very evident by the post here that we have more then one or two people who do not know what this filing is... Seems some actually think its a Convertible note. But its not it shows that the owner of the 13G is ACTUALLY AN INVESTOR IN THE COMPANY ... Look at the two last bullet points... they are highlighted Please note that this shows that the responsibility of filing a 13G is on the holder of the shares and at no time is the issuer of the shares mentioned in this definition of a 13G. So for Jim to now know is as I said very common place. Hicks is the person responsibly for the filing but he is doing it for Montreal Capital...and they are investors in Affluence.

A person or group of people who meet certain criteria are responsible for filing a Schedule 13G with the SEC:
They are the beneficial owner of more than 5% of a company's equity securities
They are exempt from or fall within an exclusion from Section 13(d) of the Exchange Act
They are not required to file a Schedule 13D
They are a passive investor, exempt investor, or qualified institutional investor
They do not intend to exert control over the company


A Schedule 13G is a short-form beneficial ownership report that is an alternative to filing a Schedule 13D.

The initial Schedule 13G must be filed within five business days of acquiring beneficial ownership. Amendments must be filed within 45 days of the end of the calendar quarter in which a material change occurs.

The SEC can impose fines on individuals and companies that fail to file or improperly file Schedule 13G forms.