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Re: Conrad3 post# 91253

Tuesday, 02/19/2013 5:47:14 PM

Tuesday, February 19, 2013 5:47:14 PM

Post# of 162660
I'm not misunderstanding anything. Neither the adoption date nor the effective date matter in this case. This is about the transfer agent since they actually issue the shares. Until they receive an approved amendment from the SOS they will not issue newly authorized shares... period. A simple phone call to any TA will verify this fact but common sense should be enough. Would a TA assume the liability of issuing shares without documentation from the proper authority? Not at all since they are regularly audited.

The SOS didn't receive the amendment until 2/1/2013 so the TA couldn't have received the approved amendment from the SOS prior to that date. It is that simple.

All IMHO

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