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Re: PennyWorld post# 4230

Thursday, 07/07/2005 11:27:08 PM

Thursday, July 07, 2005 11:27:08 PM

Post# of 36792
Pennyworld: If we know that CTKH is not a 152g, and Hilal knows it's not a 152g, doesn't he leave himself and his advisor attorney open to SEC action for not filing in compliance with the law? This has nothing to do with shareholders bringing this to Hilals attention. He and (assumed his legal advisors) filed the 152g when the company fell under that law. Now they don't. It would appear a communication to the SEC is required. Just what is the time frame for the 152g to remain in effect? In other words how long has Hilal and his legal resource been aware of the number of stockholders who are not "insignificant". (Is one share insignificant?) Am I insignificant? How many shares do I have to control to be more than insignificant? What do I have to do to be an active shareholder? I thought owning the stock was enough. Any answers? I hope the answer is not a reverse split to drive us all into insignificance!

Stakddek