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Re: Ghost_Dog post# 44113

Tuesday, 05/08/2012 10:32:54 AM

Tuesday, May 08, 2012 10:32:54 AM

Post# of 52575
well here is a little more unsubstantiated speculation to chew on. A contract issued to a corporation is considered an "Asset". Assuming there is MORE THAN ONE contract, what and how many exactly, we don't know. But IF they total more than $10 Million face value, then SP is/would be in violation of Federal Regulation, specifically, the Securities Exchange act of 1934, which requires reporting regardless of what exchange they trade on. Any shareholder that knew of Assets greater than $10 million and did not report this, would be considered an accessory to the Securities Violations. I do agree that the OTC doesn't require reporting for Pinkies to be current, but their requirements cannot over-ride federal regulations. The only out he would have is the number of shareholders. I don't know how many shareholders TIVUS has, but the requirement for reporting is $10 million AND 500 shareholders. I am pretty sure that there are not 500 members in this board, but I also don't doubt this board actually represents only a small number of shareholders. I would be very surprised if the 1.5 billion A/S (that we know of) is actually owned by less than 500. I do know that all corporations are required to keep records of Shareholders on file, and should be able to tell you within 24 hours HOW MANY? I certainly would like to know how many of us there are?
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