Monday, November 19, 2007 9:36:32 AM
And they need not file a 15c211 but instead file a SB2, essentially a propectus along with registration of shares...which means SEC is scrutinizing the filing!! Upon approval they become a reporting company and hence can deal with NSS effectively!!! Plus all the shareholders get a glimpse of the company's financial health.
just my 2 cents!!! believe it or not!!!!
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