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Re: Cap John post# 740

Monday, 05/17/2010 3:41:00 PM

Monday, May 17, 2010 3:41:00 PM

Post# of 1848
whoa now, i did not say 415 does not matter, i said that the 30% idea, is NOT a part of the rule, no % is part of the rule, anything goes if the SEC signs off. You have repeatedly said that rule 415 demands a 30% limit, it DOES NOT.

Just try not to post stuff that misquides folks. Now then, if you can find a copy or amendment to rule 415 that limits the offerings to something like 30% of the public float, I will grovel for your forgiveness in public, on the board.

Also, I am not sure where on their application for the offering that they 'LIED', perhaps you can clear that up.

I happen to agree that these guys have messed up hugely. I am holding what I consider a reasonable amount of this stock.

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