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Tuesday, March 27, 2012 1:39:23 PM
You might want to sell your stock before either of these events happen.
It looks like Form 15 should mean alot to every shareholder. The way I see it Ramo will not exist as a public traded company much longer, or will go out of business. This company will probably go out of business to avoid Jail Time for some people. When a company files an SEC Form 15, it usually means one of two things. It may mean that a company is ceasing to exist in a publicly-traded form, either returning to privately-held status or going out of business altogether. Alternatively, it may mean that a company is simply canceling a certain class of securities, replacing them with another class.
Ramo needs to go to the Truth Form, I'm sure they don't have any on hand. A Truth Form is a contract a company signs that they will tell the truth.
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