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sanddollar

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sanddollar

Re: demmo47 post# 21592

Sunday, 07/01/2007 2:29:33 PM

Sunday, July 01, 2007 2:29:33 PM

Post# of 45771
"The removal of a legend is a matter solely in the discretion of the issuer of the securities."

Which means, I gather, that the company can remove the legend at its discretion and at any time for those holders it wants to benefit.

If this is accurate, then as you said: where's the risk to anyone in favor with the company? Especially when the CEO is an SEC-savvy lawyer who knows the SEC wouldn't get involved.
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