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Re: NHred post# 97400

Monday, 10/22/2007 9:33:05 PM

Monday, October 22, 2007 9:33:05 PM

Post# of 162847
http://www.truestockloan.com/stockloan.htm

The True Loan Program (TLP) affords a borrower of any type, with stock in any form, the ability to pledge securities as collateral in a bona fide loan transaction. Unlike traditional stock loans, where the borrower’s shares are transferred to the lender, allowing lenders the ability to trade, short, sell, pledge, hypothecate, margin, etc. the borrower’s collateral, the True Loan forces a shareholder to keep stock in their own name within their own account. This is particularly important where it concerns Affiliates due to how their loans must be structured pursuant to SEC Rule 144. The TLP’s lending method ensures Affiliates that there is no transfer of ownership, which means no Form 4 Filings (always consult with counsel). This also means there is never a need to engage in the act of illicitly lifting restrictive legends.

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