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Re: janice shell post# 65957

Saturday, 05/19/2007 3:47:35 AM

Saturday, May 19, 2007 3:47:35 AM

Post# of 114953
Directly from the SEC:

"Threshold securities only include issuers registered or required to file reports with the Commission ("reporting companies"). Therefore, securities of issuers that are not registered or required to file reports with the Commission, which includes the majority of issuers on the Pink Sheets, cannot be threshold securities."

Additionally, "there are various reasons why an equity security with a large short position may not appear on an SRO's threshold securities list, for example: ...the majority of issuers quoted on the Pink Sheets do not file reports or register with the Commission, and so would not appear on threshold lists."

Source: http://www.sec.gov/spotlight/keyregshoissues.htm

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