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zeener2

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zeener2

Re: None

Friday, 07/09/2010 12:30:13 PM

Friday, July 09, 2010 12:30:13 PM

Post# of 640620
LLBO.PK
The below excerpt from the SEC filing states Labi's Customer was an "AFFILIATE of Lifeline Biotechnologies."
An affiliate is an insider with inside information and cannot sell restricted shares without removing the restriction. From the Sec filing:
...Labi: Trading in Lifeline Biotechnologies, Inc. (“LBTN”)
29. ...During 2006, a Labi customer delivered more than 1 billion shares of LBTN stock into two accounts held at Leeb in the name of entities the customer controlled. The customer was a stock promoter and LBTN affiliate...,

http://www.sec.gov/litigation/admin/2010/33-9121.pdf
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