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Re: MicroKing post# 18617

Friday, 05/27/2011 12:22:49 AM

Friday, May 27, 2011 12:22:49 AM

Post# of 29739
Quote from 10K:

“Our stock has frequently been on the Regulation SHO threshold list. Regulation SHO requires the stock exchanges to publish daily a list of companies whose stock has failure-to-deliver above a certain threshold. It also requires mandatory close-outs for open fail-to-delivery positions in threshold securities persisting for over 13 days, with the aim that no security would apppear on the threshold for any extended period. Despite that aim, our common stock has frequently appeared on the Regulation SHO threshold list for extended and continuous periods and we are currently on the Regulation SHO threshold list.

“Number of Shareholders:
As of Decemeber 31, 2010, their were 169 shareholders of record. We currently have only one class of common stock outstanding. Based upon information provided to us by persons holding securities for the benefit of others, it is estimated that we have in excess of 15,000 beneficial owners of our common stock as of that date.”
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