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Re: 99leadballoons post# 75354

Saturday, 07/17/2010 8:32:13 PM

Saturday, July 17, 2010 8:32:13 PM

Post# of 103340
Are you saying that the 2 principals took "loans" from the Company? If so, when and how much? If true, uplisting could be an issue IMO.

Perhaps the 2 principals should read the SOX act- specifically section 402. "Section 402 of the act makes it unlawful for any public company, directly or indirectly, to extend credit,MAINTAIN credit or arrange for the extension of credit in the form of a personal loan to or for the benefit of any director or executive officer....."


IMO