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overachiever

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overachiever

Re: z4lover post# 138598

Tuesday, 07/14/2009 7:11:31 PM

Tuesday, July 14, 2009 7:11:31 PM

Post# of 346918
Many lack the skill to even determine if the company is a 1933 act company or a 1934 act company, yet blab on and on about how they violate 1934 act rules. When in all fact they are a 1933 act company they just use 1934 act forms to report.

Once a company hits 10 million in assets and has at least 500 shareholders, they are bound by 1934 act reporting requirements on stock holdings and stock sales. Doug Furth is all wet when he tries to claim otherwise. SPNG is loudly screaming to the world that it has more than 10 million in assets. You can't have it both ways.

We are apt to shut our eyes against a painful truth... For my part, I am willing to know the whole truth; to know the worst; and to provide for it. --Patrick Henry, Patriot and Hero of the American Revolution

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